Posts Tagged ‘LOANZ Limted’
Cheap not always the easy option »
Home loan rates are falling sharply as lenders follow the lead set by the Reserve Bank’s reductions in the official cash rate. But cheap does not necessarily mean easy. Thursday, February 12th 2009, 11:22AM by Maria Scott Anecdotal evidence from the market suggests funds are still not flowing freely despite the steps taken internationally to [...]
Fantastic Drop »
The Reserve Bank yesterday reduced the official cash rate (OCR) by 150 basis points to 3.5%. Kiwibank was the first bank to reduce its rates with Westpac following closely behind. At the end of day all the other major banks had followed suite and made reductions to rates across the board, some passing on up to 100 basis points or more. All the [...]
2 days till rates come down again »
In two days time the reserve bank will meet again and it seems the entire world agrees that they will reduce the Official Cash rate yet again. Professional Investment Services (powered by Financial Gain) agree with this sentiment and would like to add that we believe the rate will come down by as much as 1%. Already it has been evident that the [...]
Excitement Galore »
After nearly 3 weeks away on the Barrier I have returned to Auckland to find that 2009 has certainly started with a hiss and ....well maybe a meow rather than a roar. Being back at Professional Investment Services after so long away I spent most of today on the telephone or in meetings and more often than not the conversation turned to how bad [...]
