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Monika Lacey: Centrix Chief Operating Officer on mortgage lending rising year on year
Manage episode 503824451 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Refinancing activity is continuing to surge as the Official Cash Rate continues to fall.
Latest Centrix figures show mortgage enquiries are up 16% for the month of July and new mortgage lending rose almost 25%.
Chief Operating Officer Monika Lacey says the market is active at the moment and people are keen to get the best deal they can.
She told Mike Hosking that about 36% of fixed mortgages are set to roll off in the next six months, so that’s quite a bit of activity that will start to flow through.
Lacey says it should result in a bit more cash in people’s pockets.
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Manage episode 503824451 series 2098285
Content provided by NZME and Newstalk ZB. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by NZME and Newstalk ZB or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Refinancing activity is continuing to surge as the Official Cash Rate continues to fall.
Latest Centrix figures show mortgage enquiries are up 16% for the month of July and new mortgage lending rose almost 25%.
Chief Operating Officer Monika Lacey says the market is active at the moment and people are keen to get the best deal they can.
She told Mike Hosking that about 36% of fixed mortgages are set to roll off in the next six months, so that’s quite a bit of activity that will start to flow through.
Lacey says it should result in a bit more cash in people’s pockets.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
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