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.
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
