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.
New loan for property investors
Argosy Property Finance, a non bank lender is launching a mortgage that reduces loan repayments by adding part of the interest to the outstanding debt.
Bollard raises rates but tones down the rhetoric
While Reserve Bank governor Alan Bollard raised interest rates as expected, the central bank's rhetoric wasn't as hawkish as expected.
The official cash rate (OCR) increases to 7.5%
Reserve Bank Governor Alan Bollard said: “Recent indicators show clear evidence of a pick-up in economic activity in late 2006 and early 2007.
Mortgage Express no longer strategic to Perpetual Trust
Pyne Gould Corp's Perpetual Trust decided to sell its 60% stake in mortgage broker Mortgage Express because changes in the mortgage market meant the holding was no longer strategic.
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New Zealand
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New Zealand
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