Adviser's share of BNZ's new lending dipped; Mortgage arrears up and still rising slowly

Thursday, May 2nd 2024, 11:52AM

Mortgage advisers accounted for slightly less of Bank of New Zealand's new mortgages in the six months ended March compared with the previous September half year , but adviser share of the overall portfolio continues to grow. [READ ON]

Mortgage arrears continue to climb from recent lows and are expected to rise 0.7% by the end of the year, up from 0.5%, the Reserve Bank’s latest Financial Stability Report shows. [Find out]

 

Tags: TMM Opinion

« RBNZ could impose DTIs on mortgage lending from July; Mergers and acquisitions expand North Shore mortgage businessRBNZ is still looking in the rear vision mirror »

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