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Rates fall after emergency OCR cut; reaction from advisers, economists

  • Monday, March 16th 2020

Westpac, ASB, ANZ and Kiwibank have all announced floating rate mortgage cuts off the back of the RBNZ's unprecedented rate cut [READ ON] 

The Reserve Bank's decision is good news for borrowers, but advisers fear the coronavirus will significantly slow activity in the housing market: [READ ON]

The Reserve Bank has delayed the introduction of new capital rules for the banking sector in the wake of the coronavirus outbreak: [READ ON]

Up Next More floating rate cuts, but what about fixed rates?

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TMM - The Mortgage Mag is 100% dedicated to delivering excellent news, video and information to all mortgage advisers in New Zealand. We deliver news to advisers through TMMOnline.nz and its associated email newsletter. Every two months we publish TMM - The Magazine. This is sent to all mortgage advisers. TMM is part of Tarawera Publishing Ltd. TPL is the oldest and largest publisher in NZ's financial adviser market.

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