Nick Tuffley: ASB Chief economist on prediction floating mortgage rates could reach nine percent

episode

Best of Business not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from Best of Business

Jannet Xuccoa: When's the right time for a trust? 44 min · 21 Dec 2025

All episodes from Best of Business →

Report any issue

Source

Recorded20 Oct 2022

Publisheromnycontent.com ↗

Handlerec:7248968

Show notes

Imagine your fixed term mortgage rate being upwards of seven percent over the next few years. Well according to ASB we don't have to imagine - it will be a reality. Their latest home loan report says they predict the peak interest rate for fixed term will be between 7-7.5 percent while floating rates could peak at 9 percent - all based on the OCR peaking at 5.25 percent. Chief economist at ASB Nick Tuffley joined Mike Hosking. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.