Month: August 2014

Mortgage war sparks housing demand

Bankers Association chief executive Kirk Hope said cheap foreign funds and intense competition are behind the mortgage war. Listen to full interview

Young men in the red – Trust

New Zealand Bankers’ Association chief executive Kirk Hope said the allegations were “surprising”. “The customer’s ability to service the loan is a key factor in any lending decision. It’s important that people are up front to the bank about their circumstances and their ability to repay the loan.” He said defaults on bank loans were “low”… Read more »