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RBNZ needs to start cutting; Mortgages and cars – the two should not go together

  • Wednesday, July 3rd 2024

Interest rate cuts need to start soon as inflation has been beaten, BNZ economists say. [READ ON]

Mortgage arrears were up slightly in May, with 22,000 home loans now past due - up 12% year-on-year and a return to 2019 pre-pandemic levels, the latest figures from credit bureau Centrix show. [See here]

Up Next New code brings commonsense to lending; Massive liberalisation of planning rules to end housing woes

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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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