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 raises rates but tones down the rhetoric
While Reserve Bank governor Alan Bollard raised interest rates as expected, the central bank's rhetoric wasn't as hawkish as expected.
Mortgage Express no longer strategic to Perpetual Trust
Pyne Gould Corp's Perpetual Trust decided to sell its 60% stake in mortgage broker Mortgage Express because changes in the mortgage market meant the holding was no longer strategic.
Expect interest rates to rise this week
The still-buoyant housing market has most economists expecting Reserve Bank governor Alan Bollard will raise interest rates Thursday and they don’t think recent turmoil in international equity and currency markets will make any difference.
TSB & ANZ lift profits but lose mortgage market share
New Zealand’s largest and smallest home-lending banks both increased profits sharply in the December quarter, although both lost ground in the mortgage market.
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New Zealand
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