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.
Brokers debate mortgage reduction operators
A sizeable number of New Zealand Mortgage Brokers’ Association members want the practice of "mortgage reduction" banned for NZMBA members but others worry that excluding those engaged in such practices will mean the NZMBA has no jurisdiction over them.
Reserve Bank raises rates and signals more to come
As expected, Reserve Bank governor Alan Bollard has raised interest rates for the fifth time this year and is promising more to come is likely.
Reserve Bank hikes rates
As expected the Reserve Bank has hiked the Official Cash Rate 25 basis points.
NZMBA prepares for regulation
The New Zealand Mortgage Brokers’ Association is working on getting the government to accept a regulatory framework based on self-regulation with "empowering legislation" backing it up, retiring association chairman Brian Berry says.
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