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
The major bank has received the award for the third year running
The largest home loan lender has reduced two of its 'special' fixed interest rates
AIA Group and Zurich Insurance have lobbed bids to buy Sovereign and CommInsure