Mortgage Rates Daily Commentary
Thursday 18 July 2024
Understanding of financial fairness measured; ANZ Fixed Home Loan rates change
What constitutes fairness in financial services is generally something people agree on. [READ ON]
ANZ has made changes to some of their Fixed Home Loan rates today.
“We want to remind people that anyone feeling financial pressure should to talk to us earlier rather than later. We’re here to support our customers and have a range of options for both our personal and business customers to help ease financial pressure,” ANZ NZ Managing Director for Personal Banking, Grant Knuckey said. [See here]
Pero reclaims business
Mike Pero has bought back the 50% of his business he didn't own.
Tuesday, June 17th 2003, 6:16AM
Mortgage broker Mike Pero has reclaimed full ownership of Mike Pero Mortgages by convincing South Canterbury Finance to sell its stake back to him.
South Canterbury Finance bought half the company in 1996 to help it expand into the North Island, particularly into the Auckland market in 1997.
Pero said that he had wanted to regain full ownership for some time.
Mike Pero Mortgages processes $1 billion of loans annually.
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