Natural disasters could keep mortgage rates low for longer

Hurricanes Harvey and Irma could leave New Zealand mortgage rates staying low for longer, according to the latest economic outlook from Goldman Sachs.

The pace of US interest rate hikes has a big influence on the value of the NZ dollar, share market and to some extent, mortgage rates, a report from the NZ Herald said.

Hurricanes Harvey and Irma could leave New Zealand mortgage rates staying low for longer, according to the latest economic outlook from Goldman Sachs.

The pace of US interest rate hikes has a big influence on the value of the NZ dollar, share market and to some extent, mortgage rates, a report from the NZ Herald said.

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