Pressure rises on challenger banks | interest.co.nz - Interest.co.nz

Challenger banks raising home loan rates substantially, pressured by market conditions that raise risks to their mortgage business. These new conditions will test the 'benefit' of high customer satisfaction levels

Home loan sticker-shock is spreading. And it is affecting challenger banks as well now. In fact, Monday morning rate card changes have one girding itself, raising its flagship "owner-occupied" rate… [+1833 chars]

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