Mortgage advisers say borrowers should be aware of and understand mortgage affordability “test rates” rather than being kept in the dark.
The major banks are revealing little on whether they intend to match the market’s lowest rate in 50 years, announced by HSBC on Wednesday.
“When the number of buyers exceed the number of sellers, prices will continue to rise. It’s that simple,” says real estate group CEO.
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A non-major bank has announced it will be lowering fixed rates on its two and three year home loans.
The Commerce Commission is seeking almost $700,000 in costs
The small business lender recently hired ex-Resimac manager to run NZ operations
Director says potential buyers should start looking for insurance options right away