Mortgage Rates Commentary 3 August 2010

Mortgage Rates

Asking prices for residential property have fallen almost $22,000 in four months, falling nearly half of that in July from a month earlier, according to Realestate.co.nz.

There are also no mortgage rate changes to advise of, however it will be interesting to see which lender will make the first increase in response to the Official Cash Rate which went up by 25 basis points last Thursday.

Keen for the best rate and some cash too?

We've teamed up with award winning mortgage experts, Squirrel.

With over 1,425 five star reviews on Shopper Approved, Squirrel has helped thousands of Kiwis just like you secure the best possible rate when refixing or refinancing. Squirrel often beats the advertised rates so it's worth getting them to review your mortgage.

shopper approved logofive star revews
R

Ryan

New Zealand

five star revews

The service I got from Squirrel was extremely efficient. They dealt with my loan so easily and achieved a result greater than what I was expecting.

J

Jo

New Zealand

five star revews

Highly recommend Squirrel to sort out a mortgage with the banks takes the hassle out of going to separate banks with so much information they do the hard yards for you - Baz was a superstar and helped me all the way to my new home.

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