LVRs
Westpac is the last to the rate-hike party, and since ANZ started this round of rises, the 2year swap rate has risen +40 bps. But Westpac is another main bank with a sub-4% rate still
7th Apr 22, 4:47pm
42
Westpac is the last to the rate-hike party, and since ANZ started this round of rises, the 2year swap rate has risen +40 bps. But Westpac is another main bank with a sub-4% rate still
Sensing an opportunity, BNZ holds back on part of their home loan rate increases, opening up a gap between them and ANZ/ASB. The pace of swap rate increases may however close that opportunity soon
5th Apr 22, 9:06am
18
Sensing an opportunity, BNZ holds back on part of their home loan rate increases, opening up a gap between them and ANZ/ASB. The pace of swap rate increases may however close that opportunity soon
Kiwibank the third major to raise home loan interest rates, although a sub 4% rate is still hanging in there from them. Expect the other two majors to announce chunky rises soon too
4th Apr 22, 9:45am
116
Kiwibank the third major to raise home loan interest rates, although a sub 4% rate is still hanging in there from them. Expect the other two majors to announce chunky rises soon too
ASB follows ANZ with new home loan rate increases, and goes even higher for most key fixed terms. 5% rates for a two year fixed deal looks imminent now, but the variation still allows for much lower fixing
1st Apr 22, 9:17am
62
ASB follows ANZ with new home loan rate increases, and goes even higher for most key fixed terms. 5% rates for a two year fixed deal looks imminent now, but the variation still allows for much lower fixing
Latest Reserve Bank figures show slowing mortgage growth, but business lending is growing at its fastest rate since before the pandemic
31st Mar 22, 4:00pm
15
Latest Reserve Bank figures show slowing mortgage growth, but business lending is growing at its fastest rate since before the pandemic
With wholesale swap rates at seven year highs, home loan rates push on up higher with ANZ the latest to raise fixed rates up to the next level
28th Mar 22, 5:54pm
106
With wholesale swap rates at seven year highs, home loan rates push on up higher with ANZ the latest to raise fixed rates up to the next level
Reserve Bank figures show February mortgage borrowing rose strongly from January's figures, but first home buyers are getting a smaller share of the lending
24th Mar 22, 3:57pm
66
Reserve Bank figures show February mortgage borrowing rose strongly from January's figures, but first home buyers are getting a smaller share of the lending
Two more major mortgage lenders raise rates, but take different approaches. BNZ matches ANZ, but ASB goes further with some sharp extra hikes
17th Mar 22, 8:40am
82
Two more major mortgage lenders raise rates, but take different approaches. BNZ matches ANZ, but ASB goes further with some sharp extra hikes
As bond and swap rates rise inexorably, only Kiwibank has moved to match ANZ with higher mortgage rates so far. But the margin pressure on the other majors is building fast
15th Mar 22, 8:53am
42
As bond and swap rates rise inexorably, only Kiwibank has moved to match ANZ with higher mortgage rates so far. But the margin pressure on the other majors is building fast
ANZ kicks off next round of mortgage rate hikes with some mid-range increases
Non-bank lenders growing their slice of new housing lending as headwinds strengthen against banks
4th Mar 22, 9:28am
Non-bank lenders growing their slice of new housing lending as headwinds strengthen against banks
Westpac is the next major to raise fixed mortgage rates, taking them to mid-pack. They also raised most term deposit rates by about the same amount. But wholesale echoes grow louder from eastern Europe
1st Mar 22, 5:00pm
Westpac is the next major to raise fixed mortgage rates, taking them to mid-pack. They also raised most term deposit rates by about the same amount. But wholesale echoes grow louder from eastern Europe
Kiwibank raises its floating mortgage rate 25 basis points, and ups its home loan fixed rates too, some to higher than its Aussie bank rivals
28th Feb 22, 10:26am
11
Kiwibank raises its floating mortgage rate 25 basis points, and ups its home loan fixed rates too, some to higher than its Aussie bank rivals
ANZ loosens high LVR home lending criteria after November clamp-down, but borrowers need more uncommitted monthly income than before
21st Feb 22, 3:39pm
20
ANZ loosens high LVR home lending criteria after November clamp-down, but borrowers need more uncommitted monthly income than before
David Chaston assesses the current round of mortgage rate increases in the perspective of how rates have changed over the past five years, and suggests there's serious upside ahead
18th Feb 22, 10:07am
52
David Chaston assesses the current round of mortgage rate increases in the perspective of how rates have changed over the past five years, and suggests there's serious upside ahead
BNZ has raised some home loan rates too following ANZ, but somewhat surprisingly, it has lowered a key one as well. Meanwhile many swap rates move up to four to six year highs
16th Feb 22, 5:59pm
42
BNZ has raised some home loan rates too following ANZ, but somewhat surprisingly, it has lowered a key one as well. Meanwhile many swap rates move up to four to six year highs
The nation's largest home loan lender takes a chance and pulls up some key home loan rates, with most of its fixed term offers now higher than all, probably hoping its main rivals will follow soon
14th Feb 22, 8:13pm
33
The nation's largest home loan lender takes a chance and pulls up some key home loan rates, with most of its fixed term offers now higher than all, probably hoping its main rivals will follow soon
Challenger banks make changes to some key home loan rates, some up as expected, others down unexpectedly
14th Feb 22, 10:37am
6
Challenger banks make changes to some key home loan rates, some up as expected, others down unexpectedly
Early criticism of the effect credit contracts law changes are having on first home buyers may be misplaced
8th Feb 22, 1:21pm
155
Early criticism of the effect credit contracts law changes are having on first home buyers may be misplaced
The flat-lining of the two year wholesale swap rate has allowed a few banks to trim a mortgage rate for a competitive advantage in the meantime. TSB is the latest
3rd Feb 22, 10:43am
27
The flat-lining of the two year wholesale swap rate has allowed a few banks to trim a mortgage rate for a competitive advantage in the meantime. TSB is the latest
Mortgage lending growth slows, but first-home buyers manage to cobble together deposits big enough for them to remain key players in the market
31st Jan 22, 6:03pm
29
Mortgage lending growth slows, but first-home buyers manage to cobble together deposits big enough for them to remain key players in the market
Financial consultant Geof Mortlock calls for independent reviews of the CCCFA and LVR changes that are tightening credit conditions
30th Jan 22, 6:00am
116
Financial consultant Geof Mortlock calls for independent reviews of the CCCFA and LVR changes that are tightening credit conditions
ASB trims its two year fixed home loan rate by 20 basis points to 4.15% as wholesale swap rates make a similar move down. And the CCCFA rules start to bite at loan demand
7th Dec 21, 9:12am
39
ASB trims its two year fixed home loan rate by 20 basis points to 4.15% as wholesale swap rates make a similar move down. And the CCCFA rules start to bite at loan demand
Economists at three of the four largest banks now see house prices dropping in 2022
1st Dec 21, 1:49pm
26
Economists at three of the four largest banks now see house prices dropping in 2022
Suddenly, the rise and rise of fixed mortgage rates looks less certain as financial markets recoil at Omicron. Maybe that opens up an opportunity for borrowers to seek discounts off the new higher carded rates
29th Nov 21, 9:33am
21
Suddenly, the rise and rise of fixed mortgage rates looks less certain as financial markets recoil at Omicron. Maybe that opens up an opportunity for borrowers to seek discounts off the new higher carded rates