ASB Launches Ultra-Low 1.79% Interest Rate ... But Only For These Investors ... Will the Other Banks Follow?⎜Ep. 615

<p>In this episode, we discuss ASB's new "Back My Build" interest rate. The bank is tapping into the Reserve Bank's 'Funding For Lending' programme to fund this low rate.</p> <p><br></p> <p>This allows property and real estate investors to borrow at much cheaper rates than an existing property. This further tips the economics away from existing and towards new properties.&nbsp;</p> <p><br></p> <p>We also mention our upcoming tour to Christchurch, Queenstown, Auckland and Wellington where we are taking out 10 investors in each city + partners. To enter, leave a review on your favourite podcast listening app, follow us on Instagram and share something to your story. Then email us on podcast@opespartners.co.nz.</p>