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H Steemson

Keren and me, we’re risk takers.

That pays off a lot of time, but it meant that buying a house was a bit more fraught than it probably needed to be. We weren’t going to be happy with a tidy little two beddy in a nice neighbourhood.

No, we were looking for the opportunity, the smart buy – and that meant we needed a LOT more support from the people in the know.

That’s what Jon was for us.

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Banks drop mortgage rates

The Reserve Bank has cut its official cash rate by 25 basis points to a record low of 2.5 per cent.

ANZ Bank, New Zealand’s biggest bank has cut its rates, reducing its floating home rate by 25 basis points to 5.74 per cent. Interest.co.nz is reporting that Westpac has now followed, cutting its fixed and floating mortgage rates.

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