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Bank profits level out – mortgage arrears rise
TMM - News

Bank profits level out – mortgage arrears rise

Debt servicing is taking nearly 22% of an average household’s budget once their mortgage is rolled over to a higher rate.

Thu, Apr 20th 2023 08:00AM

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Why now could be the right time to diversify
4 min read
Established Mike Pero franchise for sale in Christchurch
2 min read
Exciting opportunity in the Bay of Plenty with Mike Pero!
2 min read

Mortgage payments rearranged as living costs spiral

Mortgage payments rearranged as living costs spiral

3 min read
Paying for the economic hangover

Paying for the economic hangover

6 min read
Migrant tap back on

Migrant tap back on

2 min read
Prediction interest rates will remain higher longer

Prediction interest rates will remain higher longer

3 min read
Government has another go at tweaking CCCFA

Government has another go at tweaking CCCFA

2 min read
DTI restrictions to bed in next year

DTI restrictions to bed in next year

3 min read
Relying on banks’ calculators not enough for advisers

Relying on banks’ calculators not enough for advisers

4 min read
Mortgage rates not likely to move

Mortgage rates not likely to move

3 min read
What the RBNZ's surprise OCR hike means for home loan rates

What the RBNZ's surprise OCR hike means for home loan rates

3 min read
BREAKING: RBNZ raises OCR by 50 bps

BREAKING: RBNZ raises OCR by 50 bps

2 min read
End to RBNZ tightening cycle creeps closer

End to RBNZ tightening cycle creeps closer

4 min read
Debt-to-income tool finalised by Reserve Bank

Debt-to-income tool finalised by Reserve Bank

2 min read
Business confidence stagnant but hopes rise for soft landing

Business confidence stagnant but hopes rise for soft landing

4 min read
Pepper teams up with CoreLogic in NZ

Pepper teams up with CoreLogic in NZ

2 min read
Veteran mortgage adviser Geoff Bawden sells his dealer group

Veteran mortgage adviser Geoff Bawden sells his dealer group

2 min read

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Good Returns was established in 1997 and was one of the first successful online publishers in New Zealand and continues to be a publishing leader. Good Returns is held in high-regard by its target audience, the financial services industry. A team of highly experienced business journalists update the site daily with topical, breaking and relevant news and views. The team is led by founder and publisher Philip Macalister.
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