Government plans to restrict deductibility of mortgage interest for investors
Banks updated rates following latest Monetary Review and OCR decision
One bank lowered rates to “provide certainty” to customers in a “rising rate environment”
Global economic outlook has “continued to improve”
Expert says borrowers are anticipating rises, moving away from shorter-term rates
Bank says RBNZ will be “uncomfortable” keeping current emergency settings
Mortgage advisers note concerning changes in investor loans
It examines developments following latest reforms and reinstatement of LVR restrictions