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.
Wizard puts away wand
Non-bank lender Wizard Home Loans is closing down its New Zealand operations, while its Australian business is being sold to National Australia Bank.
Floating rates that don't sink
Even as Reserve Bank governor Alan Bollard reiterates last week’s message that lenders should be passing on his whopping rate cuts to their customers, some are still offering extremely high floating mortgage rates.
HSBC's mortgage book shrinks but profits jump
The HongKong & Shanghai Banking Corp’s New Zealand branch’s mortgage book continued to shrink in the September quarter, although its profitability increased strongly.
Bollard slashes interest rates
Reserve Bank governor Alan Bollard met the most extreme expectations in slashing interest rates, citing ongoing financial market turmoil and the deteriorating global economy.
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New Zealand
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New Zealand
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