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.
Reserve Bank raises OCR to 7.75%
The official cash rate (OCR) will increase by 25 basis points to 7.75%.
Hysteria over commission cuts
ANZ’s decisions to cut commissions paid to brokers is causing “mass hysteria” according to Approved Mortgage Brokers and NZ Mortgage Finance general manager Dave Shatford.
NZ Finance secures funding line
Commonwealth Bank provides NZ Finance with funding line to reduce reliance on debentures.
Economists divided on rate rise this week
Economists are almost evenly divided on whether Reserve Bank governor Alan Bollard will raise rates on Thursday but they still expect him to be talking tough.
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New Zealand
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New Zealand
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