PHOTO: Mortgage rates
Heartland Bank has dropped its floating mortgage rate to 2.5 per cent, which it says is the lowest in New Zealand.
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It is available for those refinancing or purchasing a standalone home on a single section, who have a 20 per cent deposit and intend to live in the home.
Interest rates have plummeted in New Zealand as the Covid-19 pandemic takes its toll on the world’s markets.
READ MORE VIA TVNZ
