
Mortgage News
BNZ reckons it's the winner
Friday 12th of May 2006
He puts his bank's share of the mortgage market at 16.2%, based on Reserve Bank figures, unchanged from a year ago.
"What we've always said is that we want to write profitable business. That's what we've done," Thodey says.
"We write about 25% of all the non-broker business. Because the average duration is two-year fixed, our competitors are paying away their margins to brokers," he s...
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