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 may not cut as deep as RBA holds interest rates
Reserve Bank of New Zealand Governor Alan Bollard may not cut the official cash rate by as much as expected next week after his counterpart in Australia held its benchmark rate unchanged at 3.25% even as that economy contracted.
Falls and rises in home loan rates
Next week’s official cash rate announcement from the Reserve Bank is expected to bring more good news to borrowers.
Westpac's profit, mortgage market share shrink
Westpac New Zealand’s December quarter net profit again shrank slightly as charges for bad loans climbed and its share of the mortgage market slipped further.
Bawden's aggregation group to re-brand
Former NZMBA chairman Geoff Bawden’s aggregation group is about to re-brand with most its mortgage and insurance brokers agreeing to begin operating under the same brand name rather than their individual business names.
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