Fixed mortgage rates could be sticky, despite looming cuts – ANZ
Mortgage affordability also remains a thorny issue, with buyer demand still limited by meeting level of the market.
The country’s largest mortgage lender, ANZ, says banks aren't tethered to the downward cycle of the New Zealand Reserve Bank when it comes to adjusting fixed rates.
ANZ managing director of personal banking Grant Knuckey said while Reserve Bank cuts to the cash rate, as a measure of the cost of
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