Over the past few days, we have seen some New Zealand banks reduced their mortgage rates to 2.79%, hitting the lowest in the fixed mortgage interest rate history, while other banks still keep at 2.99%.
If you experienced financial difficulty due to Covid-19 pandemic and had to take mortgage repayment holiday/deferment, but now your situation is getting better – with your income back to normal, you feel confident on repaying...
On 30th April 2020, the New Zealand Reserve Bank has announced to remove mortgage loan-to-value ratio (LVR) restriction. This change marks the end of LVR limits and banks don’t need to comply with the LVR rule for the next 12...
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