Jenee Tibshraeny: NZ Herald Wellington business editor on the rise in people shopping around for better mortgage rates

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Recorded29 Jan 2025

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Bank switching surged in December, as those with mortgages appear to have shopped around for cheaper debt at a record rate. Just over $2 billion of mortgage debt changed hands between banks and non-banks during the month - a record amount since at least 2017 when Reserve Bank records began. NZ Herald Wellington business editor Jenee Tibshraeny explains further. LISTEN ABOVESee omnystudio.com/listener for privacy information.

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