Auction Sales Below or Above Rating Valuations

Selling prices were fairly evenly clustered around rating valuations at the residential property¬†auctions monitored by interest.co.nz in the week from 18-24 February. Of the 355 residential property auctions around the country monitored¬†by interest.co.nz during the week, sales were achieved on 131 (including those that were sold prior to the auction and those that were sold…

New Interest In Mortgage Rates

Mortgage brokers say a new sub-4 per cent mortgage rate launched by a major bank could be the start of another mortgage war. From today Westpac is offering a one-year fixed term rate of 3.99 per cent – down 16 basis points on its standard rate of 4.15 per cent. The offer is only available…