News

NZFSG makes changes to its distribution team; Mortgage commitments jumped in July

NZFSG has split its distribution team as Loan Market builds a dedicated support network. [READ ON]

It appears the housing market is already responding to falling wholesale interest rates with the dollar value of new mortgage commitments in July up 18.4% to $6.7 billion from June and up 33.1% from July 2023, according to Reserve Bank data. [See here]

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