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.
NZF to renegotiate Westpac funding after Genworth downgrade
The stock exchange-listed NZF Group is having to renegotiate its wholesale mortgage funding facility with Westpac early because international ratings agency Moody’s Investor Services lowered its rating of re-insurer Genworth Financial Australia.
Rates strategy delivers for Kiwibank
Kiwibank’s profitability and its mortgage book powered ahead in the December quarter.
TSB holds mortgage market share as profit drops
Community trust-owned TSB Bank’s mortgage market share was little changed while net profit fell 6% in the December quarter, reflecting unrealised losses in the fair value of derivatives as a result of Alan Bollard slashing his official cash rate, as ...
Bollard to cut rates again: economists debate the magnitude
Economists are expecting a worsening global outlook will see Reserve Bank governor Alan Bollard slash rates again in March, the only question being by how much.
Keen for the best rate and some cash too?
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New Zealand
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New Zealand
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