Larry Williams Drive

If you've got a mortgage, you may have breathed in sharply reading this headline today: Kiwibank has lifted its standard 5-year home loan rate to 6.79 percent, the highest rate in eight years.  Home loan rates have been rising for months... But the reserve banks only just started lifting the official cash rate. So, how much higher should you prepare for them to go? Economist and property commentator Tony Alexander joined Andrew Dickens. LISTEN ABOVESee omnystudio.com/listener for privacy information.