“Mortgage earthquake” erupts under New Zealand’s housing market - MacroBusiness

Over the past year, New Zealand’s floating and fixed mortgage rates have risen sharply, as illustrated in the next chart: As at the end of March 2022, New Zealand floating mortgage rates had risen by around 0.6% from their June 2021 low, whereas both the 3-ye…

Over the past year, New Zealand’s floating and fixed mortgage rates have risen sharply, as illustrated in the next chart: New Zealand’s mortgage rates are on the rise. As at the end of March 2022, … [+3840 chars]

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