House prices to fall for six months; BNZ, Sovereign floating rate cuts
Wednesday, March 18th 2020, 9:49AM
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]
| « More floating rate cuts, but what about fixed rates? | ANZ moves first with record-low fixed rate » |
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