Mortgages | fixed or floating? Shared by Auckland law firm Quay Law NZ
Floating mortgage holders could save more than $700 million this year by switching to a two-year fixed rate, statistics show....
13 January, 2013
Floating mortgage holders could save more than $700 million this year by switching to a two-year fixed rate, statistics show....
The time needed to pay off the average mortgage has dropped by half since the financial crisis started....
Top economists are warning potential home buyers to proceed with caution as another bank drops its variable mortgage rate to the lowest in 40 years....
The Reserve Bank has dropped official interest rates to a new low of 2.5 percent and is promising low rates at least till the end of next year....