How to be the winner,as banks cut mortgage rates.
“Home loan borrowers are the winners as banks cut mortgage rates across the board, but there’s a warning that it may not be the boon some expect it to be.
Kiwibank has cut its one-year rate to 3.55 per cent. ANZ, BNZ, Westpac and ASB have also cut across most terms, with rates down to 3.69 per cent.
It comes after the official cash rate (OCR) was cut to 1 per cent.”
If you’re based in Christchurch, the professionals at Christchurch Property Investors Club are holding a talk on How To Buy an Investment Property Sunday, September 15th: 10:30am – 11:30am at Tūranga – Christchurch Library.
Once I understood how the Property Investors Club made their money and that they are industry-funded (just like Mortgage Brokers) I realised they were on my team and the trust began.