Mortgage Rates Daily Commentary
Wednesday 3 July 2024
RBNZ needs to start cutting; Mortgages and cars – the two should not go together
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]
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Mortgage Rates Last Updated: 4 July 2024
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