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]

Tags: ASB

« More floating rate cuts, but what about fixed rates?ANZ moves first with record-low fixed rate »

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