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.
Withdrawal of lending from GE affects non-banks
Mortgage lenders have this week been considering how they will cope with the decision by lender GE to stop funding loans through third parties in New Zealand and Australia.
Rates dropping while funding dries up
We have had the mother of all rate cuts recently, with the Reserve Bank slashing 100 basis points off its official cash rate. Thankfully many of the lenders have passed on much of this decrease to borrowers with reduced home loans.
BNZ's parent in hot seat to buy Wizard
Lending giant GE Money is reported to be close to selling its Wizard Home Loans chain to National Australia Bank (NAB).
Bollard delivers unprecedented rate cut
Reserve Bank governor Alan Bollard cut interest rates by an unprecedented amount citing ongoing global financial market turmoil and a deteriorating outlook for world growth.
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New Zealand
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New Zealand
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