
Mortgage News
Brokers at key crossroad
Tuesday 12th of August 2003
The number of home loans actually settled in New Zealand is running at just 30% to 35% of applications compared with 75% in Australia, says Brian Hayr, senior manager of direct lending at National Bank.Similarly, the number of home loans settled in New Zealand is running at only 50% to 55% of those approved compared to 90% in Australia, Hayr told last week’s Mortgage Link annual conference.
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