Mortgage rates hike - all the banks now up
All the major trading banks have now lifted their mortgage rates, with BNZ becoming the last to move following the recent OCR hike.
All the major trading banks have now lifted their mortgage rates, with BNZ becoming the last to move following the recent OCR hike.
Sth Canterbury Finance has stopped accepting deposits while it changes its prospectus.
Hubbard is defending his actions, while one investor says he had been told he was investing in a "trust fund".
Personal finance writer Mary Holm shares her best advice and tips.
ANZ and National Bank have announced increases to their variable mortgage and savings account rates of around 25 basis points.
ASB Bank has become the first big bank to lift its interest rates - and it says there are more to come.
The average floating mortgage is expected to rise by $10 a week after the Reserve Bank lifted the OCR for the first time since 2007.
For borrowers the Reserve Bank's statement makes dispiriting reading...
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