Mortgage News

Rising home loan rates a fait accompli

Thursday 15th of May 2014

Of all the issues and risks the Reserve Bank dutifully discussed in its Financial Stability Report (FSR) it was the local housing market, and China, that seemed to bubble to the surface.

But before delving into this, one shouldn’t overlook the Reserve Bank’s opening remark that “The New Zealand financial system remains sound, and well placed to support expansion in the economy.”

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