home loans
Reserve Bank details rules for income, debt, 'complex lending' & more in its debt-to-income restrictions
4th Apr 23, 9:29am
Reserve Bank details rules for income, debt, 'complex lending' & more in its debt-to-income restrictions
The Reserve Bank says the potential benefits of DTI restrictions would significantly outweigh banks' costs
3rd Apr 23, 4:07pm
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The Reserve Bank says the potential benefits of DTI restrictions would significantly outweigh banks' costs
ASB follows rivals with mortgage rate cuts in a home loan market walking on eggshells, one that hasn't fired any shots in a season dominated by low real estate sales transaction levels
20th Mar 23, 9:18am
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ASB follows rivals with mortgage rate cuts in a home loan market walking on eggshells, one that hasn't fired any shots in a season dominated by low real estate sales transaction levels
CEO Steve Jurkovich suggests mortgage brokers could one day originate 85% of Kiwibank's home loans
24th Feb 23, 1:30pm
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CEO Steve Jurkovich suggests mortgage brokers could one day originate 85% of Kiwibank's home loans
[updated]
Westpac the latest big bank to cut fixed home loan rates as wholesale rates turn back up. In this confusing mortgage market haggle with your bank
8th Feb 23, 10:41am
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Westpac the latest big bank to cut fixed home loan rates as wholesale rates turn back up. In this confusing mortgage market haggle with your bank
BNZ returns with more home loan rate reductions, a day after their first set of changes. These come as wholesale markets shift their bets to lower levels, mainly on international influences
3rd Feb 23, 9:43am
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BNZ returns with more home loan rate reductions, a day after their first set of changes. These come as wholesale markets shift their bets to lower levels, mainly on international influences
ANZ and BNZ both change fixed mortgage rates, embedding inverted offerings into their rate cards as wholesale rates shift lower
2nd Feb 23, 8:02am
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ANZ and BNZ both change fixed mortgage rates, embedding inverted offerings into their rate cards as wholesale rates shift lower
Westpac has reacted to ASB's shift to an inverted mortgage rate card. They too have inverted, and matched ASB at the long end
26th Jan 23, 5:51pm
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Westpac has reacted to ASB's shift to an inverted mortgage rate card. They too have inverted, and matched ASB at the long end
Responding to recent changes in wholesale rate shifts, ASB has adjusted its mortgage rates, lifting some short term rates and cutting longer rates
23rd Jan 23, 8:48am
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Responding to recent changes in wholesale rate shifts, ASB has adjusted its mortgage rates, lifting some short term rates and cutting longer rates
Kiwibank raises fixed home loan rates, adding impetus to key mortgage rates rising to 11-year highs. But no bank has yet followed wholesale rates into an inversion
9th Dec 22, 12:21pm
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Kiwibank raises fixed home loan rates, adding impetus to key mortgage rates rising to 11-year highs. But no bank has yet followed wholesale rates into an inversion
BNZ chooses a lower rate track for its floating and fixed rate offers following last week's 75 basis points RBNZ OCR hike
6th Dec 22, 9:38am
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BNZ chooses a lower rate track for its floating and fixed rate offers following last week's 75 basis points RBNZ OCR hike
[updated]
Mixed in with ANZ's floating mortgage rate & term deposit rate hikes, are chunky fixed mortgage rate hikes too. But wholesale rates influential for fixed home loan rates are falling. Opportunities for borrowers are opening up
30th Nov 22, 12:13pm
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Mixed in with ANZ's floating mortgage rate & term deposit rate hikes, are chunky fixed mortgage rate hikes too. But wholesale rates influential for fixed home loan rates are falling. Opportunities for borrowers are opening up
In the fourth of a series of articles on bank fees, Matt Skinner looks at the mortgage fees the major banks charge
16th Nov 22, 10:12am
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In the fourth of a series of articles on bank fees, Matt Skinner looks at the mortgage fees the major banks charge
Reserve Bank may apply macro-prudential tools to non-bank deposit takers but isn't concerned about the growth of non-deposit taking lenders
16th Nov 22, 9:44am
Reserve Bank may apply macro-prudential tools to non-bank deposit takers but isn't concerned about the growth of non-deposit taking lenders
Negative equity is looming for some home owners – but you only need to worry if you need to sell
14th Nov 22, 11:22am
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Negative equity is looming for some home owners – but you only need to worry if you need to sell
Reserve Bank outlines design plans for tool it could enforce on banks to limit the debt-to-income ratio of home buyers
10th Nov 22, 1:54pm
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Reserve Bank outlines design plans for tool it could enforce on banks to limit the debt-to-income ratio of home buyers
[updated]
ANZ NZ CEO Antonia Watson says bank's monitoring mortgage borrowers whose ability to repay was tested at 5.8% last year
27th Oct 22, 2:47pm
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ANZ NZ CEO Antonia Watson says bank's monitoring mortgage borrowers whose ability to repay was tested at 5.8% last year
[updated]
ASB and HSBC are the next to raise fixed home loan rates. A feature is the steepness of their hikes for terms of 4 and 5 years. Both raised TD rates too, with ASB matching Kiwibank with a 4.5% one year offer. BNZ raises rates too
26th Oct 22, 8:46am
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ASB and HSBC are the next to raise fixed home loan rates. A feature is the steepness of their hikes for terms of 4 and 5 years. Both raised TD rates too, with ASB matching Kiwibank with a 4.5% one year offer. BNZ raises rates too
Kiwibank is the next major bank to raised interest rates for both borrowers and savers, but because we are in the middle of a sharp global shift higher, New Zealand banks may have to move up again in the coming week or so
21st Oct 22, 9:31am
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Kiwibank is the next major bank to raised interest rates for both borrowers and savers, but because we are in the middle of a sharp global shift higher, New Zealand banks may have to move up again in the coming week or so
[updated]
Fixed home loan rate rises are spreading with another major mortgage lender pushing through big increases. But in the background the causes are rising even further, meaning this won't end soon
20th Oct 22, 3:51pm
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Fixed home loan rate rises are spreading with another major mortgage lender pushing through big increases. But in the background the causes are rising even further, meaning this won't end soon
[updated]
ANZ first to react to the much higher wholesale swap rates flowing from the surprise CPI data. Bank raises fixed home loan rates by about +45 bps and term deposit rates by about +30 bps
19th Oct 22, 4:11pm
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ANZ first to react to the much higher wholesale swap rates flowing from the surprise CPI data. Bank raises fixed home loan rates by about +45 bps and term deposit rates by about +30 bps
All the wholesale signals point to a new round of fixed mortgage rate increases soon, even in a real estate market that's failing to fire this spring
18th Oct 22, 9:34am
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All the wholesale signals point to a new round of fixed mortgage rate increases soon, even in a real estate market that's failing to fire this spring
BNZ and Kiwibank raise fixed home loan rates in a restrained way, and join Westpac with a flatter rate card than both ANZ and ASB. The mortgage market now awaits the next RBNZ rate review
29th Sep 22, 9:36am
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BNZ and Kiwibank raise fixed home loan rates in a restrained way, and join Westpac with a flatter rate card than both ANZ and ASB. The mortgage market now awaits the next RBNZ rate review
ASB and HSBC are the next to raise mortgage rates following ANZ and Westpac. ANZ's lead has been justified by global wholesale rate moves following the US Fed signals and may indicate there is [much?] more to come
23rd Sep 22, 9:15am
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ASB and HSBC are the next to raise mortgage rates following ANZ and Westpac. ANZ's lead has been justified by global wholesale rate moves following the US Fed signals and may indicate there is [much?] more to come
The first bank to take up some of the mortgage rate space offered by ANZ recently is Westpac. But Westpac has set its new rate card offers with some benefits, especially for the three year fixed rate
22nd Sep 22, 3:54pm
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The first bank to take up some of the mortgage rate space offered by ANZ recently is Westpac. But Westpac has set its new rate card offers with some benefits, especially for the three year fixed rate