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.
TSB, HSBC profits jump but HSBC mortgage book shrinks
The two smallest home-lending banks both increased net profit strongly during the June quarter, but while TSB Bank maintained its mortgage market share, HSBC's fell yet again as its mortgage book shrank.
Second round of cuts for mortgage brokers
The reductions to be implemented by major banks in upfront commissions vary but were expected to represent a reduction of around 25 to 30 basis points in some cases.
Rates continuing to move in the right direction
Weekly Home Loan Report: Homeloan rates are continuing to move in the right direction for anyone seeking a mortgage at the moment. But it is still too early to declare that a new mortgage war has broken out.
Tentative signs of rate competition
The first signs are emerging of a spring campaign amongst banks for home loan business. As reported in *Good Returns* Kiwibank was the first to move.
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New Zealand
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New Zealand
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