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.
Mixed outlook for regional housing markets
Another surge in building activity in Tauranga and Auckland may have a dampening effect on those regions in the near future. Meanwhile, Wellington has shown up as the least confident region in ASB Bank's latest housing survey.
Banks raise their floating rates
The National Bank has quietly put its floating mortgage rate up from 6.50 per cent to 7.25 per cent, relinquishing the moral high ground it claimed in October as the only trading bank to hold its rates low. BNZ has also announced an increase.
Major bank joins the pack with redraw facility
Homeowners with floating rate loans have even less excuse to leave their money sitting idle, as another major lender launches a redraw facility.
Success for the Centre Left means a waiting game for markets
It's the Anderton factor. Just how much pull the Alliance leader has in the Coalition Government is one of the key things financial markets are watching for to determine the effects on the economy and interest rates.
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New Zealand
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New Zealand
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