TMM - News
Mortgage defaults improve while lending rises
Tuesday 2nd of September 2025
That was a drop of 2.2% to $2.402 billion for non-performing loans and the biggest monthly fall for nearly five years, the latest Reserve Bank figures show.
The RBNZ’s monthly loans by asset quality data show 0.64% of the total $375 billion in outstanding mortgages is non-performing a drop from 0.66% in June.
This drop was month-on-month figures and the RBNZ says non-perfo...
Want to read the full article?
Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.
You will also be able to comment on articles on Good Returns.
Latest News
Latest Comments