Bank switching surges to $5.8b in December, as total monthly mortgage commitments tops $14b
Latest Reserve Bank figures show a massive spike in change of loan provider in December, with record amounts…
Floating or sinking? Some New Year headaches for home owners
There was a massive move to floating mortgage rates by homeowners towards the end of last year. The…
A lot of home owners appeared to be waiting for the OCR cuts – and they may be disappointed with the outcome
Was the wait worth it? That’s what some homeowners who have recently taken up new mortgages may be…
Did somebody pull the plug out on term deposits?
Watch this space. We may be about to see a big outflow of term deposit money. As interest…
ASB faces new Commerce Commission court action over lending law breaches
Borrowers brought a class action lawsuit against ASB because of this and they settled for more than $135m…
NZ’s mortgage pile set for its largest growth in four years in 2025
Well, house prices might not have moved much this year due to the abundant supply for sale –…
Consumer confidence and lower interest rates driving mortgage activity
“The continued decline in the OCR is beginning to reshape New Zealand’s credit landscape, providing a much-needed boost…
BOJ warns Japan banks on lending risk for buyout firms as real estate prices soar
Finance Stock market showing signs of overheating, central bank says The Bank of Japan released its twice-yearly Financial System…
Mortgage pain diminishes – sharp drop in non-performing loans
It’s dangerous to draw conclusions too quickly – but the worst may now be over in terms of…
Canadian workers saving more but stress at work
BNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their…
Oman Future Fund launches SME lending portfolio to boost entrepreneurship
MUSCAT, SEPT 7 The Oman Future Fund, part of the Oman Investment Authority (OIA), announced the launch of…