It's all very quiet on the interest rate front at the moment. Perhaps the most interesting news is from The Reserve Bank which said it was mulling over options that may restrict residential lending. The information came out in a speech last week which looked dreadfully boring but in reality may prove to be quite important for the credit markets. We will have more on this later.
In the meantime the Christchurch-headquartered broking firm Mortgage Link has expanded. Details here.
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