borrowing
The Red Bank becomes the first major to break out of the tight range of mortgage rates being offered by the majors, cutting both fixed home loan rates modestly (and term deposit rates by more) even as wholesale rates rise
9th Feb 24, 6:04am
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The Red Bank becomes the first major to break out of the tight range of mortgage rates being offered by the majors, cutting both fixed home loan rates modestly (and term deposit rates by more) even as wholesale rates rise
A review of things you need to know before you sign off on Thursday; Heartland makes surprise mortgage rate cuts, more houses sell at a loss, Auckland regional fuel tax killed, swaps up, NZD firm, & more
8th Feb 24, 3:59pm
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A review of things you need to know before you sign off on Thursday; Heartland makes surprise mortgage rate cuts, more houses sell at a loss, Auckland regional fuel tax killed, swaps up, NZD firm, & more
Latest Reserve Bank figures indicate New Zealand's home owner-occupiers are increasingly focusing on shorter term fixed mortgage rates - presumably in the assumption that rates will come down sooner rather than later
8th Feb 24, 3:51pm
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Latest Reserve Bank figures indicate New Zealand's home owner-occupiers are increasingly focusing on shorter term fixed mortgage rates - presumably in the assumption that rates will come down sooner rather than later
Heartland Bank slices its fixed home loan rates with big cuts to all terms, opening up a big differences to main bank rates
8th Feb 24, 8:46am
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Heartland Bank slices its fixed home loan rates with big cuts to all terms, opening up a big differences to main bank rates
A review of things you need to know before you sign off on Wednesday; dairy prices rise, meat exports fall, jobless rate little-changed, analyst sees an OCR rise, NAB gets new CEO, swaps up, NZD firm
7th Feb 24, 3:59pm
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A review of things you need to know before you sign off on Wednesday; dairy prices rise, meat exports fall, jobless rate little-changed, analyst sees an OCR rise, NAB gets new CEO, swaps up, NZD firm
A review of things you need to know before you sign off on Monday; no retail rate changes, listings surge, FBU hit, commodity prices hold up, record bank funding levels, swaps up, NZD holds, & more
5th Feb 24, 3:59pm
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A review of things you need to know before you sign off on Monday; no retail rate changes, listings surge, FBU hit, commodity prices hold up, record bank funding levels, swaps up, NZD holds, & more
A review of things you need to know before you sign off on Friday; Barfoots weak in January, building consents weak, car sales soft, consumer confidence low, retail weak, swaps stable, NZD firm, & more
2nd Feb 24, 3:59pm
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A review of things you need to know before you sign off on Friday; Barfoots weak in January, building consents weak, car sales soft, consumer confidence low, retail weak, swaps stable, NZD firm, & more
A review of things you need to know before you sign off on Thursday; a hot 2yr home loan rate, household living costs higher than CPI, non-performing loans up swaps stable, NZD firm, & more
1st Feb 24, 3:59pm
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A review of things you need to know before you sign off on Thursday; a hot 2yr home loan rate, household living costs higher than CPI, non-performing loans up swaps stable, NZD firm, & more
Latest RBNZ figures show non-performing housing loans rose by 78.5% in the past year - but the stress levels are still much lower than they were after the global financial crisis
1st Feb 24, 9:23am
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Latest RBNZ figures show non-performing housing loans rose by 78.5% in the past year - but the stress levels are still much lower than they were after the global financial crisis
A review of things you need to know before you sign off on Wednesday; no retail rate changes, business confidence up, TDs very popular, dairy prices rise, house lending up, swaps unchanged, NZD firm, & more
31st Jan 24, 3:59pm
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A review of things you need to know before you sign off on Wednesday; no retail rate changes, business confidence up, TDs very popular, dairy prices rise, house lending up, swaps unchanged, NZD firm, & more
[updated]
A review of things you need to know before you sign off on Tuesday; migrants active house buyers, FHBs active mortgage borrowers, RBNZ holds the line, eyes on dairy prices, swaps stable, NZD firm, & more
30th Jan 24, 3:59pm
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A review of things you need to know before you sign off on Tuesday; migrants active house buyers, FHBs active mortgage borrowers, RBNZ holds the line, eyes on dairy prices, swaps stable, NZD firm, & more
A review of things you need to know before you sign off on Monday; less trade, more jobs, bigger intervention capacity, mortgage interest cost jumps, swaps firm, NZS holds, & more
29th Jan 24, 3:59pm
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A review of things you need to know before you sign off on Monday; less trade, more jobs, bigger intervention capacity, mortgage interest cost jumps, swaps firm, NZS holds, & more
A review of things you need to know before you sign off on Friday; more retail rate cuts, more holiday interruptions, eyes on some large equity retreats, swaps little-changed, NZD stable, & more
26th Jan 24, 3:59pm
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A review of things you need to know before you sign off on Friday; more retail rate cuts, more holiday interruptions, eyes on some large equity retreats, swaps little-changed, NZD stable, & more
A review of things you need to know before you sign off on Thursday; both mortgage & TD rate changes, Crown accounts reveal slowdown, household savings up, swaps firm, NZD firm, & more
25th Jan 24, 3:59pm
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A review of things you need to know before you sign off on Thursday; both mortgage & TD rate changes, Crown accounts reveal slowdown, household savings up, swaps firm, NZD firm, & more
ASB moves both home loan and term deposit rates lower but only for the less popular longer terms. Still, they can claim a competitive three year home loan rate. But they can't claim unique term deposit offers
25th Jan 24, 9:48am
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ASB moves both home loan and term deposit rates lower but only for the less popular longer terms. Still, they can claim a competitive three year home loan rate. But they can't claim unique term deposit offers
A review of things you need to know before you sign off on Wednesday; inflation falls but still high, real estate agent commissions at 4yr low, credit card use withers, swaps up, NZD forms, & more
24th Jan 24, 3:59pm
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A review of things you need to know before you sign off on Wednesday; inflation falls but still high, real estate agent commissions at 4yr low, credit card use withers, swaps up, NZD forms, & more
A review of things you need to know before you sign off on Tuesday; Service sector slips into contraction, DTIs coming, Fitch pares some ratings, farmer spending plans on hold, swaps unchanged, NZD falls, & more
23rd Jan 24, 3:59pm
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A review of things you need to know before you sign off on Tuesday; Service sector slips into contraction, DTIs coming, Fitch pares some ratings, farmer spending plans on hold, swaps unchanged, NZD falls, & more
A review of things you need to know before you sign off on Monday; Auckland house stock expands, yuan defended, nickel & lithium under pressure, swaps stable, NZD firms, & more
22nd Jan 24, 3:59pm
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A review of things you need to know before you sign off on Monday; Auckland house stock expands, yuan defended, nickel & lithium under pressure, swaps stable, NZD firms, & more
A review of things you need to know before you sign off on Friday; more retail rate changes, ugly PMI, spotty tourism, surging immigration, IMF reports on Australia, swaps up, NZD down, & more
19th Jan 24, 3:59pm
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A review of things you need to know before you sign off on Friday; more retail rate changes, ugly PMI, spotty tourism, surging immigration, IMF reports on Australia, swaps up, NZD down, & more
The next bank to trim home loan rates is Westpac. Their adjustments take them into line with their main rivals. But they did make a +10 bps rise to their six month term deposit rate to a somewhat unique level
18th Jan 24, 6:17pm
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The next bank to trim home loan rates is Westpac. Their adjustments take them into line with their main rivals. But they did make a +10 bps rise to their six month term deposit rate to a somewhat unique level
A review of things you need to know before you sign off on Thursday; REINZ December data soft, Truckometer shows weakness, inflation components stay up, benefits little-changed, swaps up, NZD lower, & more
18th Jan 24, 3:59pm
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A review of things you need to know before you sign off on Thursday; REINZ December data soft, Truckometer shows weakness, inflation components stay up, benefits little-changed, swaps up, NZD lower, & more
A review of things you need to know before you sign off on Wednesday; some credit card rates rise, a work visa rush, weak retail, dairy prices up, house prices down, swaps on hold, NZD soft, & more
17th Jan 24, 3:59pm
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A review of things you need to know before you sign off on Wednesday; some credit card rates rise, a work visa rush, weak retail, dairy prices up, house prices down, swaps on hold, NZD soft, & more
Latest Reserve Bank figures indicate that New Zealand's home owner-occupiers appear to be betting that interest rates will start coming down again sooner rather than later
17th Jan 24, 11:05am
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Latest Reserve Bank figures indicate that New Zealand's home owner-occupiers appear to be betting that interest rates will start coming down again sooner rather than later
A review of things you need to know before you sign off on Tuesday; rate watch for cuts, QSBO picks up, job ads tumble, settlement balances rise as do the costs, swaps firm, NZD soft, & more
16th Jan 24, 3:59pm
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A review of things you need to know before you sign off on Tuesday; rate watch for cuts, QSBO picks up, job ads tumble, settlement balances rise as do the costs, swaps firm, NZD soft, & more
A review of things you need to know before you sign off on Monday; both home loan and term deposit rates slip, grocery price pressure eases, markets price in -1% 2024 OCR cuts, swaps on hold, NZD soft, & more
15th Jan 24, 4:00pm
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A review of things you need to know before you sign off on Monday; both home loan and term deposit rates slip, grocery price pressure eases, markets price in -1% 2024 OCR cuts, swaps on hold, NZD soft, & more