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.
Data surprise bad news for rates
Seasonally adjusted retail sales increased a stronger-than-expected 0.3% in October, putting pressure on Reserve Bank to either hold off easing or increase interest rates.
NZMBA signs up 1000th member
The New Zealand Mortgage Brokers Association has recorded substantial growth in the past two years and has recently signed up its 1000th broker member.
Sovereign writes $6 bill in home loans
Sovereign has reached the milestone of $6 billion in home loan lending, strengthening its position as the country's leading non-bank home loan lender and making Sovereign the fifth largest home loan lender in New Zealand.
Expection OCR will be left unchanged
Economists expect Reserve Bank governor Alan Bollard will hold rates steady this week despite evidence the economy remains surprisingly strong.
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New Zealand
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New Zealand
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