On the up: What will higher interest rates mean for real estate investors in New Zealand and further afield?
The Land of the Long White Cloud is shaping up to raise rates and the country may well be a bellwether for the Australia...
Property buyers will now be able to borrow more with St George, with the bank re-introducing home loans up to 95 per cent LVR (loan to valuation ratio).
The changes mean property buyers may be able to borrow up to 95 per cent of a property’s purchase price.
In addition to increasing its maximum lending, St George has also revealed it will offer a refinance rebate of up to $700 to any borrower that refinances with the bank.