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.
Reserve Bank may hold off on raising OCR beyond mid-year
The Reserve Bank of New Zealand (RBNZ) may be able to hold back from a mid-year official cash rate increase due to the sluggish economy, tame inflation, the impact of bank liquidity requirements and expected tax changes.
Loan Market Group appoints two directors
The Loan Market Group board of directors has appointed David Hart as director of mortgages and Bruce Patten as director of insurance.
Debt levels kept down
Retail spending levels have fallen which means the Reserve Bank may be able to delay tightening of monetary policy for longer says BNZ economist Tony Alexander.
ASB's profit, mortgage market share dips
ASB Bank's December quarter profit slipped, as did its share of the mortgage market.
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