MR - Experts Views

Alexander still favours three year rates

Thursday 23rd of July 2009

Borrowers have a "wonderful" opportunity to work at reducing the principal on their home loans with floating rates 2.5% below the average for the last five years, according to BNZ chief economist Tony Alexander.

He says, in his Weekly Overview, that borrowers opting for floating rates...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.