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.
Bollard slashes rates and says they will stay low
Not only did Reserve Bank governor Alan Bollard slash interest rates again today, he indicated further modest cuts are likely and that rates will remain at or below current levels through to late 2010.
National Bank, ASB, SBS, BNZ break fees cleared by regulator
The Commerce Commission has cleared home loan break fees charged by National Bank, ASB, SBS Bank and Bank of New Zealand, saying they’re likely to comply with consumer finance law.
RBNZ cuts OCR to record low 2.5%
Reserve Bank of New Zealand Governor Alan Bollard cut the official cash rate 50 basis points to 2.5%.
NAB says BNZ home loans book grew $500m in first half
Bank of New Zealand’s home loans book, which accounts for 50% of its total lending portfolio, grew by $500 million to $24.5 billion in the six months ended March, according to information published by Australia-based parent, National Australia Bank ...
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