A slight fall in average bank fixed mortgage rates has helped improve affordability for buyers in most parts of New Zealand.
The Roost Home Loan Affordability report shows improvement for a third consecutive month, with affordability reaching its best level in a year.
Affordability is now back at levels seen in December 2004.
A slight fall in average bank fixed mortgage rates helped improve affordability for buyers in most parts of New Zealand, as house prices remained flat and income nudged higher.
- NEWSTALK ZB
Home loan affordability improves
Photo / Alan Gibson
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