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.
The 1-year fixed rate reaches a new low
China Construction Bank has positioned themselves as the bank with the lowest 1-year fixed rate, with a cut down to 2.80%. They're now ahead of HSBC (2.95%) and Heartland Bank (2.89%). Will the big five be able to match it?
Breaking: Loan-to-value (LVR) rules are removed by the RBNZ
The Reserve Bank of New Zealand (RBNZ) announced yesterday that the loan-to-value ratio (LVR) restrictions that they put in place back in 2013 will be removed from 1 May for 12 months. So what does this mean?
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.
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New Zealand
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New Zealand
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