News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Kiwibank grows home loan market share
Kiwibank says its home loan book was affected by the slowing housing market but it still managed to increase market share in the December quarter and net profit for the three months was up 35% from the same quarter a year earlier.
Flying high
Mortgage rates are continuing to rise even though the Reserve Bank held the official cash rate (OCR) at 8.25% last week.
Bollard holds rates steady, highlights inflation, growth risks
Reserve Bank governor Alan Bollard left interest rates unchanged although his comments about upside risks to inflation pushed the currency and wholesale interest rates up.
Westpac, TSB's mortgage market shares drop slightly
Both Westpac and TSB Bank saw their shares of the mortgage market shrink slightly in the December quarter, although both reported strong profits.
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