John Bolton: Mortgage broker predicts mortgage rates to be above 6 percent over the coming year

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Recorded24 May 2022

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The Reserve Bank is expected to lift the OCR to its highest level again since 2016.Economists are predicting a lift of another 50 basis points, trying to cool demand while we deal with rising inflation.It's also predicted all mortgage rates will be above 6 percent over the coming year.John Bolton is the founder of mortgage broker Squirrel and he joined Kate Hawkesby.LISTEN ABOVESee omnystudio.com/listener for privacy information.

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