Haven Mortgage UpdateMarch 16, 2017
We are seeing an increase in properties being marketed for sale in Auckland and a decrease in sales figures, which is translating to a softening in prices in the city, and the wider region.
- House prices in many regional towns still showing signs of growth driven by strong demand for housing whether that be to purchase or rent.
- Interest rate increases across all fixed rates have settled for the time being however economic forecasts indicate rates more likely to increase than decrease.
- If you have fixed rate home loan’s expiring in the next 12 months now is a good time to review your options and see if you can take advantage of the competitive fixed rates on offer at this time.