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Interest-only loans spurned as mortgage arrears increase
TMM - News

Interest-only loans spurned as mortgage arrears increase

Alongside increased credit demand, mortgage arrears are up 25% year-on-year as households across the country continue to roll from low to high fixed interest rates.

Sally Lindsay
Mon, Dec 4th 2023 09:55AM

OCR assumptions don’t add up

OCR assumptions don’t add up

2 min read
Record immigration to blame for rates staying higher for longer: RBNZ

Record immigration to blame for rates staying higher for longer: RBNZ

3 min read
Future of banking study uncertain

Future of banking study uncertain

4 min read
RBNZ dashes hope of 2024 interest rate cut

RBNZ dashes hope of 2024 interest rate cut

3 min read
BREAKING: OCR held, but comes with a warning

BREAKING: OCR held, but comes with a warning

2 min read
Mortgage lending should be removed from CCCFA

Mortgage lending should be removed from CCCFA

4 min read
Loan applications rise despite lending difficulties

Loan applications rise despite lending difficulties

4 min read
First to get licence, others encouraged to follow

First to get licence, others encouraged to follow

4 min read
ASB's mortgage book shrinks as ANZ, Kiwibank grow market share

ASB's mortgage book shrinks as ANZ, Kiwibank grow market share

2 min read
RBNZ stays on hold as economists, markets debate timing of first OCR cut

RBNZ stays on hold as economists, markets debate timing of first OCR cut

3 min read
The first bank rate cut

The first bank rate cut

2 min read
Payments NZ wants changes to open banking bill

Payments NZ wants changes to open banking bill

3 min read
OCR cuts and when they will start

OCR cuts and when they will start

4 min read
Immigration – the good and the risks

Immigration – the good and the risks

4 min read
Mortgage lending slows to lower DTI rates

Mortgage lending slows to lower DTI rates

3 min read

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