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flag New Zealand's mortgage rates forecast to fall below 5%, making home loans more affordable.

flag Mortgage rates in New Zealand are predicted to drop below 5% soon. flag With term deposit rates falling to 4.5%, lenders like the big five, currently offering rates as low as 5.49%, are expected to cut home loan rates by about 0.5% in the coming month. flag This follows a decrease in wholesale rates and the official cash rate, making borrowing more affordable for homeowners.

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