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.
Higher-equity borrowers pick up mortgage slack
A fall in the value of low-deposit lending has been offset by an increase in lending to borrowers with lower loan-to-value ratios (LVRs), new Reserve Bank data shows.
Borrowers told to brace for rates rises
Many borrowers are unprepared for rising interest rates and may start to feel the squeeze next year, commentators say.
Kiwibank already near target before rules kicked in
Kiwibank’s low-equity loan growth in the September quarter is in line with what would be expected of lenders preparing for new loan-to-value restrictions, a banking expert says.
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