A change in direction for homeowners and their mortgages. 

90% of home loans were floating or fixed for less than a year in January. 

CoreLogic says there's anecdotal evidence borrowers have begun to fix for longer as interest rates come down. 

Squirrel Mortgage Broker, David Cunningham told Ryan Bridge things have changed dramatically since Christmas, with favourable rates for longer fixed-term periods. 

He says Westpac kicked it off with a 4.99 term for three years, ANZ doing the same at two-years, with all competitors now offering near there. 

LISTEN ABOVE 

A change in direction for homeowners and their mortgages.&nbsp;
90% of home loans were floating or fixed for less than a year in January.&nbsp;
CoreLogic says there's anecdotal evidence borrowers have begun to fix for longer as interest rates come down.&nbsp;
Squirrel Mortgage Broker, David Cunningham told Ryan Bridge things have changed dramatically since Christmas, with favourable rates for longer fixed-term periods.&nbsp;
He says Westpac kicked it off with a 4.99 term for three years, ANZ doing the same at two-years, with all competitors now offering near there.&nbsp;
LISTEN ABOVE&nbsp;

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion,...

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David Cunningham: Squirrel Mortgage Broker on homeowners fixing loans for longer periods of time

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/765f8ade-7a38-480d-b64c-b2a501365bca/transcript