The latest data from the RBNZ’s series new lending fully secured by residential mortgages, shows home owners are far from set on longer mortgage terms, although the interest rates are below 5%. Read...
The Reserve Bank has decided the economy needs more help than it had previously forecast by cutting its official cash rate (OCR) by 50 basis points to 2.5%. Read...
The case centred on whether ASB failed to provide required disclosure documents to customers who made changes to their loans between 2015 and 2019. Read...