March 16, 2017

Don’t say we didn’t warn you

From Stuff

3/2017: “New Zealand homeowners are being told to fix their interest rates now if they want to avoid a looming increase.”

Also from Stuff, all either headline or lead:

12/2016: Mortgage holders urged to fix as US interest rates rise

7/2016: Warning interest rates may not have much further to fall

3/2014: Time to fix loan on your house

1/2014: Rush to fix home loan rates before Reserve Bank acts

9/2013: “Economists say homeowners have officially missed the boat on locking in cheap fixed mortgage rates.”

4/2011: Now’s the time to fix mortgages: Tower

8/2009: Fix your mortgage before rates rise

There are good reasons to believe today’s story, but presumably there were for the past stories, too.

avatar

Thomas Lumley (@tslumley) is Professor of Biostatistics at the University of Auckland. His research interests include semiparametric models, survey sampling, statistical computing, foundations of statistics, and whatever methodological problems his medical collaborators come up with. He also blogs at Biased and Inefficient See all posts by Thomas Lumley »

Comments

  • avatar

    I wonder how many people there are with large mortgages who don’t already pay at least some attention to what interest rates are on offer…I’d guess not that many.

    5 months ago