
EP: 2380
Could a War in the Middle East Push Up Your Mortgage Rate⎟Ep. 2380
War in the Middle East might feel far away ... but it could still affect the interest rate on your mortgage.
In this episode, Ed and Andrew break down what the conflict involving Iran means for global oil prices, inflation, and the future of interest rates in New Zealand.
You’ll learn:
-How the Iranian war impacts the cost of your mortgage
-Could interest rates really rise
-How high the price of petrol could go
This episode explains how the ripple effect could influence the OCR, mortgage rates, and whether fixing your loan for longer terms might start to make more sense.
Looking to calculate and compare your mortgage repayment options? Use our mortgage calculator to find out your potential monthly payments.