June 25, 2020 / 11:23 PM / 12 days ago

BRIEF-RBNZ Says May Total Monthly New Mortgage Commitments Up 57.1% versus April

June 26 (Reuters) -

* RESERVE BANK OF NEW ZEALAND SAYS MORTGAGE COMMITMENTS REBOUNDED IN MAY AFTER SHRINKING IN APRIL

* RESERVE BANK OF NEW ZEALAND SAYS TOTAL MONTHLY NEW MORTGAGE COMMITMENTS NZ$4.3 BILLION IN MAY, UP 57.1% COMPARED WITH APRIL 2020 BUT DOWN 33.3% FROM MAY 2019 Source text: bit.ly/3dFRmkg (Reuters.Briefs@thomsonreuters.com)

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