RBNZ wants lower mortgage rates; Rent increase freeze hits

Wednesday, May 20th 2020, 9:12AM

Reserve Bank deputy governor Geoff Bascand has piled pressure on banks to slash mortgage rates as wholesale borrowing costs fall: [READ ON]

Lockdown restrictions made for an inevitable slow down in the rental market in April but Trade Me Property’s new data highlights questions over the future direction of the market: [READ ON]

Tags: RBNZ

« Markets expect negative rates; Licensing applications continueANZ slashes home loan to 2.79% record low »

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