TMM - News

NZers adjustment to higher rates about 80% complete: RBNZ

Tuesday 13th of February 2024

That's up from about two-thirds the way through in early November when the Reserve Bank published its latest financial stability report, McDonald said.

The banks have been well able to manage the process but RBNZ is watching what's happening in the labour market, he said.

Generally speaking, most home owners don't get into difficulty in paying their mortgages while t...

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