Mortgage interest rates remain low

Mortgage interest rates have been stable with major banks two-year fixed rates staying within the 4.82% - 4.84% range between February to August.

In Auckland, the fall in house prices combined with stable interest rates are expected to reduce the mortgage payments by $50.97 a week, according to the latest home loan affordability report from interest.co.nz.

Mortgage interest rates have been stable with major banks two-year fixed rates staying within the 4.82% – 4.84% range between February to August.

In Auckland, the fall in house prices combined with stable interest rates are expected to reduce the mortgage payments by $50.97 a week, according to the latest home loan affordability report from interest.co.nz.

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