The tide could be turning for those looking to buy a home.

High interest rates are dropping, ANZ dropping its home loan rates amid falling inflation and a softened tone from the Reserve Bank.

Westpac dropped their rates a week prior, cutting its 6, 12, and 18-month home loan rates.

Property Commentator Ashley Church told Kerre Woodham it’s good news for the housing market.

He said he didn’t expect much would happen prior to November, since banks have been following the rhetoric from the Reserve Bank, keeping rates high.

Church said Banks have clearly decided that enough is enough, and are taking a step out.

LISTEN ABOVE

The tide could be turning for those looking to buy a home. 
High interest rates are dropping, ANZ dropping its home loan rates amid falling inflation and a softened tone from the Reserve Bank. 
Westpac dropped their rates a week prior, cutting its 6, 12, and 18-month home loan rates. 
Property Commentator Ashley Church told Kerre Woodham it’s good news for the housing market. 
He said he didn’t expect much would happen prior to November, since banks have been following the rhetoric from the Reserve Bank, keeping rates high. 
Church said Banks have clearly decided that enough is enough, and are taking a step out. 
LISTEN ABOVE

Join Kerre Woodham one of New Zealand’s best loved personalities as she dishes up a bold, sharp and energetic show Monday to Friday 9am-12md on Newstalk ZB. News, opinion, analysis, lifestyle and entertainment – we’ve got your morning listening covered.

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