Westpac expects loan impairments; New record low mortgage

Tuesday, May 5th 2020, 9:29AM

Westpac NZ suffered a 47% drop in cash earnings in the six months to March, and says Covid-19 will lead to loan impairments of $211 million: [READ ON]

China Construction Bank has slashed its one year mortgage rate to just 2.8%, becoming a new record low for the New Zealand market: [READ ON]

How does the new CCB rate compare with the big four? Have a look here

Tags: Lending

« End of LVR rules: advisers reactHousing market will take two years to recover »

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