Quiet first week
Friday, March 5th 2010, 10:57AM
The first week of March has been very quiet on the home loan front, however attention is shifting to the upcoming Official Cash Rate announcement.
Today we report that BNZ's Tony Alexander has changed his view and said now is the time to move from floating rates to fixed. See what he says here.
One of the main news themes has been the latest quarterly disclosure documents from the banks. TSB Bank saw its its net profit surge in the December quarter and its mortgage book continued to grow.
In other news for brokers we have a story this week about the NZMBA being the first association to join up to a disputes resolution scheme. You can find out more about what it is doing here.
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