home loans
More mortgage borrowers are switching banks but borrowers seem to have reached their home loan obligation limit as rates and payments rise. High LVR borrowers have the fewest choices
11th Oct 23, 10:48am
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More mortgage borrowers are switching banks but borrowers seem to have reached their home loan obligation limit as rates and payments rise. High LVR borrowers have the fewest choices
Latest Reserve Bank figures show that while small in total, the amount of mortgage money taken out for five-year fixed terms nearly doubled in August
5th Oct 23, 3:55pm
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Latest Reserve Bank figures show that while small in total, the amount of mortgage money taken out for five-year fixed terms nearly doubled in August
While the number of mortgage top-ups have fallen, they are still a very popular way of funding big personal projects. And the data suggests they are being used more for home renovations as other uses fall away
30th Sep 23, 10:00am
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While the number of mortgage top-ups have fallen, they are still a very popular way of funding big personal projects. And the data suggests they are being used more for home renovations as other uses fall away
[updated]
There are more home loan rate rises but they are not market leading - those are yet to come. Still, the sting to household budgets will be spreading around the country, and the downstream impacts won't be light
25th Sep 23, 10:29am
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There are more home loan rate rises but they are not market leading - those are yet to come. Still, the sting to household budgets will be spreading around the country, and the downstream impacts won't be light
Squirrel's David Cunningham says ASB's high mortgage rates are hitting its market share and short-term profit from higher margins will come at the expense of longer-term profits
16th Sep 23, 9:12am
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Squirrel's David Cunningham says ASB's high mortgage rates are hitting its market share and short-term profit from higher margins will come at the expense of longer-term profits
New Zealand banks need to do right by their customers, and it starts with dropping mortgage rates, David Cunningham argues
7th Sep 23, 8:00am
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New Zealand banks need to do right by their customers, and it starts with dropping mortgage rates, David Cunningham argues
Latest Reserve Bank figures show fixed mortgage rates are in, with two year rates surging in popularity, but three year rates falling out of vogue again
4th Sep 23, 3:50pm
11
Latest Reserve Bank figures show fixed mortgage rates are in, with two year rates surging in popularity, but three year rates falling out of vogue again
ASB raises carded fixed home loan rates, now the only bank with a 2-year rate over 7%. This comes as the bank raises term deposit rates for savers
4th Sep 23, 10:20am
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ASB raises carded fixed home loan rates, now the only bank with a 2-year rate over 7%. This comes as the bank raises term deposit rates for savers
[updated]
Australian non-bank lender Pepper Money acquiring $1.4 bln NZ mortgage portfolio from HSBC
1st Sep 23, 12:10pm
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Australian non-bank lender Pepper Money acquiring $1.4 bln NZ mortgage portfolio from HSBC
Significant June quarter increase in non-performing housing loan volumes for ANZ NZ and ASB
29th Aug 23, 9:14am
Significant June quarter increase in non-performing housing loan volumes for ANZ NZ and ASB
CEO Steve Jurkovich wants New Zealanders to be 'fired up enough' to move to Kiwibank if they want a more competitive banking market
26th Aug 23, 10:45am
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CEO Steve Jurkovich wants New Zealanders to be 'fired up enough' to move to Kiwibank if they want a more competitive banking market
Westpac joins ASB and ANZ with higher fixed home loan rates. It also raises term deposit rates. With the majors mostly falling into line with the ASB-led hiking, all eyes will now turn to BNZ and Kiwibank
24th Aug 23, 5:13pm
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Westpac joins ASB and ANZ with higher fixed home loan rates. It also raises term deposit rates. With the majors mostly falling into line with the ASB-led hiking, all eyes will now turn to BNZ and Kiwibank
[updated]
Kiwibank June-year profit hits $175 mln as income surges, loan impairment losses more than double
24th Aug 23, 8:53am
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Kiwibank June-year profit hits $175 mln as income surges, loan impairment losses more than double
ASB opened the door, and the first to walk through it is ANZ with an even steeper set of fixed home loan rate increases
22nd Aug 23, 7:04pm
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ASB opened the door, and the first to walk through it is ANZ with an even steeper set of fixed home loan rate increases
Westpac New Zealand's non-performing loans rise in the June quarter
Home loans at least 90 days past due on the rise at New Zealand's biggest bank
21st Aug 23, 9:44am
Home loans at least 90 days past due on the rise at New Zealand's biggest bank
ASB heeds their owner's boss, raising home loan rates in unseasonal drive to protect profits. But SBS Bank strikes with a very competitive sub-6% three year rate
21st Aug 23, 9:02am
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ASB heeds their owner's boss, raising home loan rates in unseasonal drive to protect profits. But SBS Bank strikes with a very competitive sub-6% three year rate
Pricing of NZ mortgage interest rates 'difficult to reconcile' and offers 'unsustainable returns', says CEO of ASB's Aussie parent bank CBA
20th Aug 23, 6:00am
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Pricing of NZ mortgage interest rates 'difficult to reconcile' and offers 'unsustainable returns', says CEO of ASB's Aussie parent bank CBA
Westpac steps out of line with a 10 basis points cut to its 2-year fixed home loan rate. Although not a large drop, it is the first non-trivial reduction in a main bank 2-year rate for six months
14th Aug 23, 12:35pm
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Westpac steps out of line with a 10 basis points cut to its 2-year fixed home loan rate. Although not a large drop, it is the first non-trivial reduction in a main bank 2-year rate for six months
Commerce Commission says which bank gets our savings and home loans could reveal whether there's enough bank competition
10th Aug 23, 10:52am
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Commerce Commission says which bank gets our savings and home loans could reveal whether there's enough bank competition
Past due & impaired loans on the rise at ASB as Aussie parent CBA highlights NZ mortgage impairments
ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise
10th Aug 23, 10:09am
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ASB CEO Vittoria Shortt highlights 200 struggling mortgage borrowers as loan impairments & provisions rise
Latest Reserve Bank figures show that while one-year fixed mortgage terms remain most popular for new mortgage borrowing, three year terms are surging in popularity
7th Aug 23, 3:52pm
23
Latest Reserve Bank figures show that while one-year fixed mortgage terms remain most popular for new mortgage borrowing, three year terms are surging in popularity
What does five year mortgage rates being lower than one and two year rates mean?
25th Jul 23, 11:15am
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What does five year mortgage rates being lower than one and two year rates mean?
BNZ moves some fixed home loan rates up but not by as much as some key rivals. Wholesale rate increases have been driving the shift higher
11th Jul 23, 8:30am
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BNZ moves some fixed home loan rates up but not by as much as some key rivals. Wholesale rate increases have been driving the shift higher
Three of the five main banks have now pushed through higher home loan rates. Two of them have also raised some longer term deposit rates. In the background, some wholesale swap rates pushed on up to 15 year highs
6th Jul 23, 5:53pm
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Three of the five main banks have now pushed through higher home loan rates. Two of them have also raised some longer term deposit rates. In the background, some wholesale swap rates pushed on up to 15 year highs