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Kiwibank and ASB lift term deposit rates as interest rate expectations rise

Kiwibank and ASB lift term deposit rates as interest rate expectations rise
stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.

Richie Mclay , Retail Term Deposits , பணக்காரர் மிகிலாய் , சில்லறை கால வைப்பு ,

Record number of home loan applications and 'panic buying' puts pressure on banks

Record number of home loan applications and panic buying puts pressure on banks
31 Jan, 2021 02:02 AM
6 minutes to read
Banks have been flooded with a record number of loan applications. Photo / Getty Images
Some buyers desperate to get on the property ladder are offering $20,000 to $30,000 more than the asking price and a record jump in loan applications has caused bottlenecks with the banks.
Mortgage brokers say
delays in getting loans processed was frustrating and the boom shows no sign of abating .
But many of the major banks told NZME despite the increase in applications - which in one case were up 7 per cent in the past six months compared to the same time last year - more staff had been deployed to speed up the process. ....

Bay Of Plenty , New Zealand , Hayley Hubbard , Chris Rapson , Simon Anderson , Richie Mclay , Ownit Rotorua , Chris Flood , Heartland Bank , Realty Group Ltd , Rapson Loans , Heartland Home Loan , வளைகுடா ஆஃப் ப்லெஂடீ , புதியது ஜீலாந்து , ஹேலி ஹப்பார்ட் , சிமோன் ஆண்டர்சன் , பணக்காரர் மிகிலாய் , கிறிஸ் வெள்ளம் , ஹார்ட்லேண்ட் வங்கி , ரியல்டீ குழு லிமிடெட் , ஹார்ட்லேண்ட் வீடு கடன் ,