Jenee Tibshraeny: NZ Herald Wellington business editor on the rise in people shopping around for better mortgage rates
Heather du Plessis-Allan Drive · Newstalk ZB
January 29, 20254m 50s
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Show Notes
Bank switching surged in December, as those with mortgages appear to have shopped around for cheaper debt at a record rate.
Just over $2 billion of mortgage debt changed hands between banks and non-banks during the month - a record amount since at least 2017 when Reserve Bank records began.
NZ Herald Wellington business editor Jenee Tibshraeny explains further.
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Topics
businesspropertyhousing