home loans
[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
43
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
155
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
60
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
10
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
81
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
38
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
New Zealand's largest mortgage lender strikes out ahead of the pack with some sharp rate hikes for the most popular fixed home loan terms. They also make me-too term deposit rate changes
20th Sep 22, 5:38pm
169
New Zealand's largest mortgage lender strikes out ahead of the pack with some sharp rate hikes for the most popular fixed home loan terms. They also make me-too term deposit rate changes
Despite rises in wholesale rates, TSB launches a market leading low one year fixed home loan rate. It raises term deposit rates at the same time
15th Sep 22, 5:19pm
13
Despite rises in wholesale rates, TSB launches a market leading low one year fixed home loan rate. It raises term deposit rates at the same time
Cash-back offers increasingly a factor in choosing a lender, Macquarie mortgage broker survey says
12th Sep 22, 9:40am
6
Cash-back offers increasingly a factor in choosing a lender, Macquarie mortgage broker survey says
[updated]
ASB raises two fixed home loan rates. ANZ does too. The increases are small, but add to a rising direction of flatter and higher rates, taking levels back to what we had in 2015
8th Sep 22, 9:15am
102
ASB raises two fixed home loan rates. ANZ does too. The increases are small, but add to a rising direction of flatter and higher rates, taking levels back to what we had in 2015
Kiwibank resurrects cash incentive offer for mortgage borrowers
[updated]
Westpac is first out of the blocks with Spring home loan rate changes, flattening its offering to be competitive for terms of 3 years and longer. TSB also trimmed some rates. But the background is rising rates
3rd Sep 22, 5:00am
22
Westpac is first out of the blocks with Spring home loan rate changes, flattening its offering to be competitive for terms of 3 years and longer. TSB also trimmed some rates. But the background is rising rates
Heartland Group Holdings is continuing to build its strong position in reverse mortgages on both side of the Tasman - but it's also making rapid progress with conventional mortgages too
24th Aug 22, 12:13pm
3
Heartland Group Holdings is continuing to build its strong position in reverse mortgages on both side of the Tasman - but it's also making rapid progress with conventional mortgages too
Heartland Group Holdings sees net profits rise 9.3% for the full year; Capital raising of $200 mln is to repay bridging loan and to fund future growth
23rd Aug 22, 9:42am
7
Heartland Group Holdings sees net profits rise 9.3% for the full year; Capital raising of $200 mln is to repay bridging loan and to fund future growth
ASB and The Co-operative Bank make mortgage rate changes, and some savings account changes. There are small variations between institutions that open up some opportunities
22nd Aug 22, 10:30am
31
ASB and The Co-operative Bank make mortgage rate changes, and some savings account changes. There are small variations between institutions that open up some opportunities
Kiwibank CEO Steve Jurkovich expects an increase in housing market activity in spring, but not at the levels of recent years
20th Aug 22, 9:57am
145
Kiwibank CEO Steve Jurkovich expects an increase in housing market activity in spring, but not at the levels of recent years
Just as the RBNZ is about to raise the OCR again, fixed rates for home loans continue their falls. Now no bank has a one year rate over 5%
11th Aug 22, 12:12pm
14
Just as the RBNZ is about to raise the OCR again, fixed rates for home loans continue their falls. Now no bank has a one year rate over 5%
[updated]
More banks lower home loan interest rates, some sharply, and one also raised its term deposit offers. Market share defence in a quiet housing market is squeezing banks hard
4th Aug 22, 9:24am
46
More banks lower home loan interest rates, some sharply, and one also raised its term deposit offers. Market share defence in a quiet housing market is squeezing banks hard
Now ANZ joins the mortgage rate cuts as wholesale rates continue their retreat. These reductions by NZ's largest home loan lender come just two weeks before another expected RBNZ rate hike, but global markets are the driving force
2nd Aug 22, 5:17pm
33
Now ANZ joins the mortgage rate cuts as wholesale rates continue their retreat. These reductions by NZ's largest home loan lender come just two weeks before another expected RBNZ rate hike, but global markets are the driving force
Commerce Minister David Clark relaxes CCCFA rules for assumptions on credit card and buy-now-pay-later debt
2nd Aug 22, 3:32pm
7
Commerce Minister David Clark relaxes CCCFA rules for assumptions on credit card and buy-now-pay-later debt
As borrowers shift their sights to longer fixed terms, Kiwibank trims its one year rate to a very competitive level. In the background swap rates rose, then fell sharply over the past week or so
1st Aug 22, 8:27am
32
As borrowers shift their sights to longer fixed terms, Kiwibank trims its one year rate to a very competitive level. In the background swap rates rose, then fell sharply over the past week or so
ASB the last main bank to follow ANZ down with a cut to its 2yr fixed home loan rate offer, cuts 1yr rate too. Challenger banks make changes as well, leaving TSB with the most competitive full rate card
8th Jul 22, 9:31am
27
ASB the last main bank to follow ANZ down with a cut to its 2yr fixed home loan rate offer, cuts 1yr rate too. Challenger banks make changes as well, leaving TSB with the most competitive full rate card
[updated]
Volatile wholesale interest rates have induced ANZ to cut its key 2 year home loan rate, now well below its main rivals, but not quite back to where where it was at the end of May. Westpac and BNZ follow, BNZ goes lower
5th Jul 22, 9:28am
18
Volatile wholesale interest rates have induced ANZ to cut its key 2 year home loan rate, now well below its main rivals, but not quite back to where where it was at the end of May. Westpac and BNZ follow, BNZ goes lower
[updated]
Banks competing for mortgage borrowers via cashback offers, BNZ talks up its offer
4th Jul 22, 4:13pm
16
Banks competing for mortgage borrowers via cashback offers, BNZ talks up its offer
Mortgage broker John Bolton explains why he thinks mortgage rates are peaking, what's going on in the housing market, and what this means for the broader economy
2nd Jul 22, 9:40am
124
Mortgage broker John Bolton explains why he thinks mortgage rates are peaking, what's going on in the housing market, and what this means for the broader economy