Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Economic Outlook - Negative OCR?
As the country settles into Alert Level Three, we’re starting to see signs of the beginning of our economic recovery. There have been many discussions around the OCR going negative, and it seems like it could be a very real possibility.
Reserve Bank proposes to scrap LVR restrictions
After some consideration, the Reserve Bank of New Zealand (RBNZ) is proposing to scrap the Loan to Value ratio (LVR) restriction.
Does a mortgage holiday affect your credit score?
During the lockdown, many New Zealanders financially affected by Covid-19 have been taking up the banks' offers of going on a mortgage holiday (also referred to as a repayment deferral).
Economic outlook - post Covid-19
BNZ released an economic outlook earlier this week, which outlines the need for us to remain grounded and realistic about New Zealand’s economy's recovery, post Covid-19.