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.
Bollard hawkish but holds rates steady
Reserve Bank governor Alan Bollard left interest rates unchanged, as expected, but also said that rates will remain at current high levels for longer than expected. Bollard left his official cash rate (OCR) unchanged at 8.25%.
Rate rise this week unlikely
*Good Returns* survey of economists show a rise in the official cash rate is unlikely this week.
Some relief on 2yr rates
Weekly Home Loan Report: After a succession of increases in mortgage rates over recent weeks several lenders have now cut two year fixed rates.
AIG moves into mortgage space
AIG Life (formerly AIA) has appointed a manager to help increase the insurance advisory capabilities of independent mortgage brokers.
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New Zealand
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New Zealand
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