Off late media is abuzz with the news that interest rates will increase in the coming period.
The US Federal Reserve, raised its benchmark interest rate by 0.25% in December 2016 – and has signaled more increases in 2017.
It made it costlier for NZ banks to borrow for the longer term from offshore funds. Hence, experts are expecting home loan interest rates in NZ to rise as well. Leading NZ banks raised the 2 year fixed rate by approximately 0.20% in the last two months.
Global Finance can help you to save interest on your mortgage even in this scenario – with our multi-award winning “Interest Saver Plan”.
Therefore, there is no need to worry. We specialise in saving interest for 18 years and have potentially saved more than $100 million for our clients.
For a smarter way to save interest, please call 09 255 5500.
Global Finance Team
Winner of NZ’s No. 1 and Best mortgage and insurance adviser awards