So today i spoke to a staff member i regularly deal with at BNZ and they informed me that 58% of all BNZ Mobile Lending Staff were facing redundancy or internal transfer within the next 6 weeks and that for my region the number of applications per month for mortgages including refinancing had decreased 70% . And this is in a city that even Tony Alexander thinks will buck the recession trend http://stuff.co.nz/southlandtimes/4644749a6568.html
The more people talk about the slump having hit bottom the more i think we will see more of a drop.
What are your thoughts?
The more people talk about the slump having hit bottom the more i think we will see more of a drop.
What are your thoughts?
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