A real estate agency has said the surprise cash rate cut is a positive for many Kiwis, especially first home buyers, as banks pass on the cut, even if only partially.
A wave of interest rate cuts have followed from a number of lenders after the Reserve Bank’s surprise cash rate cut to a record low of 2.25% on Thursday.
Central bank Governor Graeme Wheeler has faced criticism from economists after delivering an interest-rate cut that took most of them by surprise.
Auckland’s spreading property bonanza is one of the reasons Reserve Bank Governor Graeme Wheeler may tread carefully as he considers cutting interest rates to a fresh record low on Thursday.
Squirrel launched a $5 million equity crowdfunding private offer yesterday... RBNZ appoints new head of currency, property and security... Mortgage Express appoints new adviser...
Mortgage advisers say borrowers should be aware of and understand mortgage affordability “test rates” rather than being kept in the dark.
Two major banks have been recognized for their educational programs teaching financial know-how to children
A new report suggests that a lack of trust in banks is driving an increase in online financial management, with New Zealand among the leaders
It may have been a club designed to promote women in the industry, but it has become something much more significant