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.
Rate rise not expected this week: Economists
Despite a raft of stronger-than-expected data last week, economists still don’t expect Reserve Bank governor Alan Bollard will raise interest rates when he reviews the official cash rate (OCR) on Thursday.
House prices stable, but fewer selling
House prices remainded stable in December, although the number of sales fell.
Two-year rates still a good deal: economist
Bank of New Zealand chief economist Tony Alexander is still recommending that borrowers fix for two years, even though this rate has jumped since his bank called a halt to last year’s mortgages price war.
Australian banks likely to takeover mortgage brokers: Deloitte
A declining number of house sales and fierce competition in the mortgage market in Australia is likely to lead to consolidation of the mortgage broking industry
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