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(Bloomberg) -- New Zealand mortgage rates are set to rise above 5% for the first time in seven years, damping economic growth and exerting further downward pressure on a cooling housing market.
Most Read from Bloomberg
Putin Adviser Chubais Quits Over Ukraine War, Leaves Russia China Plane Crash Update: Debris Found Miles From Main Wreckage Russia Central Banker Wanted Out Over Ukraine, Putin Said No Wall Street Is Scrambling For the Exits in Moscow â and Billions Are at Stake China Jetâ...
>>> Read more: Kiwi Home Owners Face Soaring Mortgage Repayments as Rates Jump
Most Read from Bloomberg
Putin Adviser Chubais Quits Over Ukraine War, Leaves Russia China Plane Crash Update: Debris Found Miles From Main Wreckage Russia Central Banker Wanted Out Over Ukraine, Putin Said No Wall Street Is Scrambling For the Exits in Moscow â and Billions Are at Stake China Jetâ...
>>> Read more: Kiwi Home Owners Face Soaring Mortgage Repayments as Rates Jump
