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Originally Posted by JBmurc
BNZ does do a 7yr fixed term but was also very expensive many percent more than 5yr back when we see sub 3% in the 5yr ..the 7yr was like 5.99% etc ...
One of the banks stopped offering the 7 year mortgage last year (I had thought it was BNZ but maybe not).
Price/rate was probably an issue. It wasn't just that they hadn't had anyone take it up, but they hadn't had anyone even inquire about it!!
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Cheers guys.The thread title does have me wondering whether it's time to start averaging in (nearer a bottom) to property stocks here and Aus and maybe an etf.
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