News

House prices to fall for six months; BNZ, Sovereign floating rate cuts

BNZ has slashed floating rates to 4.55% for owner-occupiers and investors. Its Mortgage One and Rapid Repay loans also fall to 5.15% and 4.60% respectively. 

ASB has announced Sovereign Home Loans/NZHL rates will fall to 4.55% from 5.3%. Take a look at all the latest rates here.

What will happen to the housing market if/when a recession hits? ASB believes prices will fall for 6 months: [READ ON]

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