Economists release market forecasts
Banks updated rates following latest Monetary Review and OCR decision
One bank lowered rates to “provide certainty” to customers in a “rising rate environment”
Report notes a quantum shift in expectations and business confidence
Economists predict OCR increase in the near future
Global economic outlook has “continued to improve”
Mortgage advisers note concerning changes in investor loans
It examines developments following latest reforms and reinstatement of LVR restrictions
Government plans to restrict deductibility of mortgage interest for investors