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Retail banks have begun to cut their mortgage interest rates after the Reserve Bank dropped the Official Cash Rate from 3.5 to 3.25%. The Bank of New Zealand (BNZ) cut its fixed and floating mortgage ...
Kiwibank is the latest bank to cut home loan interest rates. It has cut its one-year special fixed rate to 4.89 percent, its ...
As Australian mortgage holders wait for similar news, the Reserve Bank of New Zealand (RBNZ) has followed counterparts in Canada and the United Kingdom and announced the cash rate had reached its ...
New Zealand home prices are expected to rise steadily through 2027 as the market recovers after posting annual declines in ...
Justin Fabo from Antipodean Macro posted the following chart, which shows the collapse in mortgage rates in New Zealand. “The ...
16don MSN
Westpac New Zealand has reduced lending and deposit rates following the RBNZ's OCR cut to 3.25%. Special fixed home loan rates now start at 4.95% per annum for one, two, and three-year terms, the ...
Two major banks have cut interest rates in recent days but economists say it's not clear how much further retail home loan ...
(Reuters) - New Zealand home prices are expected to rise ... "We see a bit more potential upside in the market this year given mortgage rates are falling faster and probably by more than we ...
Following one of the largest booms in the developed world during the pandemic, New Zealand’s house prices experienced a ...
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