
Mortgage News
Heartland leaves home loans to the banks
Thursday 30th of August 2012
"We don't think the risk/return is there long term. We'll leave it to the big banks to slug it out between themselves.”.
Heartland's mortgage book fell by $68 million to $324 million in the year ended June, reflecting both mortgages amortising and customers taking advantage of very sharp interest rates offered by competitors to refinance.
“The mortgage market in New Zealand is ver...
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