home loans
Following the moves of ASB and ANZ to halt high LVR lending, Westpac now says it won't be offering pre-approvals for those with low deposits
29th Jun 22, 3:08pm
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Following the moves of ASB and ANZ to halt high LVR lending, Westpac now says it won't be offering pre-approvals for those with low deposits
[updated]
Two of the country's largest banks have now closed their doors for the moment to low deposit mortgage customers
28th Jun 22, 1:13pm
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Two of the country's largest banks have now closed their doors for the moment to low deposit mortgage customers
ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'
27th Jun 22, 2:34pm
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ASB economists predict that consumer spending growth 'will weaken to anaemic levels later this year'
Country's largest bank turns off the tap on mortgage lending to those with deposits under 20% again
27th Jun 22, 1:45pm
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Country's largest bank turns off the tap on mortgage lending to those with deposits under 20% again
[updated]
Home loan interest rates are ratched up by two more banks, although there are signs wholesale funding costs have stopped rising
27th Jun 22, 10:08am
18
Home loan interest rates are ratched up by two more banks, although there are signs wholesale funding costs have stopped rising
ASB uses the cover provided by ANZ to raise both its home loan and term deposit rates. All eyes are now on Kiwibank's upcoming rate adjustments - and on the turn in wholesale markets
23rd Jun 22, 10:38am
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ASB uses the cover provided by ANZ to raise both its home loan and term deposit rates. All eyes are now on Kiwibank's upcoming rate adjustments - and on the turn in wholesale markets
[updated]
BNZ is the next to move their mortgage rate card up sharply, maintaining a small discount to ANZ for the key 2-year fixed offer. BNZ also raised their term deposit rates
22nd Jun 22, 8:55am
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BNZ is the next to move their mortgage rate card up sharply, maintaining a small discount to ANZ for the key 2-year fixed offer. BNZ also raised their term deposit rates
The largest mortgage lender pushes through new chunky increases, raising rates to new recent highs. At the same time ANZ raises term deposit rates substantially
20th Jun 22, 5:12pm
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The largest mortgage lender pushes through new chunky increases, raising rates to new recent highs. At the same time ANZ raises term deposit rates substantially
[updated]
Challenger banks raising home loan rates substantially, pressured by market conditions that raise risks to their mortgage business. These new conditions will test the 'benefit' of high customer satisfaction levels
20th Jun 22, 10:22am
6
Challenger banks raising home loan rates substantially, pressured by market conditions that raise risks to their mortgage business. These new conditions will test the 'benefit' of high customer satisfaction levels
BNZ raises most of its fixed home loan rates, but rather surprisingly trims its 2-year offer to match Kiwibank and Westpac. It also raised TD rates. HSBC also raised all its fixed mortgage rates
14th Jun 22, 9:15am
13
BNZ raises most of its fixed home loan rates, but rather surprisingly trims its 2-year offer to match Kiwibank and Westpac. It also raised TD rates. HSBC also raised all its fixed mortgage rates
Although home loan rates for a one year term are settling around a tight level, competitive pressures are opening up variances for longer fixed terms, and for cash incentives
10th Jun 22, 9:50am
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Although home loan rates for a one year term are settling around a tight level, competitive pressures are opening up variances for longer fixed terms, and for cash incentives
Kiwibank is offering a new outsized incentive for home loan borrowers who want to go big, with up to $10,000 on offer for a million dollar mortgage
8th Jun 22, 5:22pm
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Kiwibank is offering a new outsized incentive for home loan borrowers who want to go big, with up to $10,000 on offer for a million dollar mortgage
ANZ raises their fixed home loan rates to the highest in the current mortgage market, underpinned by rising policy rates that are raising wholesale rates
7th Jun 22, 5:22pm
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ANZ raises their fixed home loan rates to the highest in the current mortgage market, underpinned by rising policy rates that are raising wholesale rates
Heartland Bank makes a surprising floating rate cut to 3.75%, the only sub-4% rate left in the mortgage market. But fixed rates are rising and this is the first time since 2018 that there are now no fixed rates below 4%
3rd Jun 22, 10:05am
9
Heartland Bank makes a surprising floating rate cut to 3.75%, the only sub-4% rate left in the mortgage market. But fixed rates are rising and this is the first time since 2018 that there are now no fixed rates below 4%
Kiwibank increases six-month & one-year mortgage rates, plus term deposit rates, other banks expected to follow
30th May 22, 10:36am
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Kiwibank increases six-month & one-year mortgage rates, plus term deposit rates, other banks expected to follow
TSB follows up a cut to its one year home loan rate with a new cut to its two year rate
19th May 22, 9:32am
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TSB follows up a cut to its one year home loan rate with a new cut to its two year rate
TSB surprises the home loan market cutting its one-year fixed rate 'special' as term deposit rates continue to trend up
13th May 22, 9:33am
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TSB surprises the home loan market cutting its one-year fixed rate 'special' as term deposit rates continue to trend up
BNZ the latest bank to increase the interest rate it uses to stress test mortgage applicants' ability to service their loans
12th May 22, 10:35am
13
BNZ the latest bank to increase the interest rate it uses to stress test mortgage applicants' ability to service their loans
Westpac NZ CEO Catherine McGrath 'pretty happy' with how bank staff are assessing how borrowers can afford their debt
11th May 22, 5:00am
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Westpac NZ CEO Catherine McGrath 'pretty happy' with how bank staff are assessing how borrowers can afford their debt
CEO Dan Huggins says despite the weaker housing market, BNZ retains the appetite to grow lending; - responsibly
6th May 22, 10:35am
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CEO Dan Huggins says despite the weaker housing market, BNZ retains the appetite to grow lending; - responsibly
ANZ New Zealand lifts its Servicing Sensitivity Rate, which it uses to stress test mortgage applicants, by 45 basis points
2nd May 22, 10:53am
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ANZ New Zealand lifts its Servicing Sensitivity Rate, which it uses to stress test mortgage applicants, by 45 basis points
[updated]
Consumer NZ says the Bank of Mum and Dad is the fifth biggest owner-occupier lender in New Zealand
28th Apr 22, 8:26am
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Consumer NZ says the Bank of Mum and Dad is the fifth biggest owner-occupier lender in New Zealand
Westpac pushes through its third interest rate rise for home loans in April, but ends up with the most competitive card for key terms among the main banks. It raised its term deposit rates at the same time
26th Apr 22, 4:32pm
18
Westpac pushes through its third interest rate rise for home loans in April, but ends up with the most competitive card for key terms among the main banks. It raised its term deposit rates at the same time
[updated]
The scale of home loan rate rises is now at a level that will crimp consumer spending for those who roll over the fixed rate mortgages. The impact will spread relentlessly over the next few months
22nd Apr 22, 9:19am
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The scale of home loan rate rises is now at a level that will crimp consumer spending for those who roll over the fixed rate mortgages. The impact will spread relentlessly over the next few months
ASB raises its fixed home loan rates just ahead of the imminent release of the March quarter inflation data. Banks are now in two separate rate-level camps
21st Apr 22, 9:14am
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ASB raises its fixed home loan rates just ahead of the imminent release of the March quarter inflation data. Banks are now in two separate rate-level camps