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.
Kiwibank has said the Reserve Bank of New Zealand will cut interest rates on Thursday next week
A new report from Colliers International says the popular South Island town has some strong trends in the medium term but warns of affordability issues
The national median house price has hit a new high along with four regions, the latest REINZ data reveals
The Ministry of Business Innovation and Employment’s new housing affordability measure is under fire from Labour which says the index is flawed