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Sub 2% rates to boost housing market; Borrowing boom in July

  • Thursday, August 27th 2020

Home loan rates will plummet to 2% in the next year, with low rates set to push up house prices, according to ASB: [READ ON]

Home lending soared to $6.5 billion in July during New Zealand's Covid-free period, reaching its highest level since November last year: [READ ON]

 

Up Next Resimac slashes prime servicing rate; Clouds loom over housing market

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TMM - The Mortgage Mag is 100% dedicated to delivering excellent news, video and information to all mortgage advisers in New Zealand. We deliver news to advisers through TMMOnline.nz and its associated email newsletter. Every two months we publish TMM - The Magazine. This is sent to all mortgage advisers. TMM is part of Tarawera Publishing Ltd. TPL is the oldest and largest publisher in NZ's financial adviser market.

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