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The duelling forces set to determine which way NZ mortgage rates will go


The duelling forces set to determine which way NZ mortgage rates will go
18 Jan, 2021 04:34 AM
4 minutes to read
Home mortgages rates are expected to remain low while the Reserve Bank keeps a lid on wholesale rates. Photo / File
Home mortgages rates are expected to remain low while the Reserve Bank keeps a lid on wholesale rates. Photo / File
New Zealand s record-low mortgage rates look likely to stay low despite a bump in bond yields.
Banks have availed themselves to $1.04 billion in cheap funding from the Reserve Bank s funding for lending programme (FLP)
since the scheme kicked off last month, data from the central bank shows. ....

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2020/21 New Zealand Government Bond Programme Decreased to NZ$45 Billion