US squeeze will push up NZ mortgage costs (Otago Daily Times)
Story date: 2008-03-09 09:10:01
Added on: 2008-03-09 12:00:07
THE cost of borrowing for New Zealand homeowners with mortgages looks sure to rise after a further meltdown in the United States economy during the weekend.
Read more...
Related Stories:
-
Mortgage cost on the way up for short term (Otago Daily Times)
Mortgage rates are on the move again - vaporising any future tax gains announced in the budget last week - and ratcheting...
2008-05-28 10:10:15 -
Credit squeeze grows to worst for 20 years as cost of borrowing hits new high (Daily Telegraph)
First British sub-prime lending victim collapses as inter-bank lending rate rises to new high amid fears for business borrowers....
2007-09-10 05:36:04 -
Cost of two-year home mortgage loans highest since 2000 - Daily Telegraph
The interest rate for a two-year mortgage typically taken out by many first-time buyers is now almost 7 per cent for the...
2008-05-31 06:29:00 -
Soaring wholesale borrowing cost threatens fixed-rate mortgages - Daily Telegraph
The cost of borrowing wholesale money over two years has shot up to over 6pc, threatening to push fixed-rate mortgage deals sharply...
2008-05-30 12:58:00 -
Cash injection has not cut cost of borrowing - Times Online
The Bank of England's £50 billion cash injection into the mortgage market has so far not made any difference to the cost...
2008-05-07 09:25:00 -
Borrowers start to feel credit squeeze (The New Zealand Herald)
Fear of a recession and the international credit crunch is giving many mortgage finance companies the jitters - making borrowing more difficult...
2008-03-23 09:19:57 -
UPDATE 1-Dollar Libor rates fall, euro, stg unchanged - Reuters
LONDON, May 21 (Reuters) - The interbank cost of borrowing dollars fell on Wednesday, while the cost of borrowing euros and sterling...
2008-05-21 08:26:00 -
Property - time to take care out there (The New Zealand Herald)
These must be troubling times for many property investors. Those reared on a diet of freely available credit and low - for...
2008-02-10 07:49:53