Mortgage rates
How high household debt and the swathe of mortgages due to rollover within the next year could make NZ particularly sensitive to interest rate rises... should they eventuate soon
28th May 21, 8:30am
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How high household debt and the swathe of mortgages due to rollover within the next year could make NZ particularly sensitive to interest rate rises... should they eventuate soon
RBNZ makes hawkish tilt, warning mortgage holders to be wary of debt serviceability while keeping monetary conditions loose
26th May 21, 8:10pm
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RBNZ makes hawkish tilt, warning mortgage holders to be wary of debt serviceability while keeping monetary conditions loose
In a surprise move, Heartland Bank has sharply cut its floating and one year fixed home loan rates to levels that will cause its rivals to have a double-take
12th May 21, 2:18pm
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In a surprise move, Heartland Bank has sharply cut its floating and one year fixed home loan rates to levels that will cause its rivals to have a double-take
SBS Bank's new very low one year fixed rate offer is available for first home buyers with only a 10%+ deposit. Others need 20%. Investors need 40%.
7th May 21, 4:50pm
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SBS Bank's new very low one year fixed rate offer is available for first home buyers with only a 10%+ deposit. Others need 20%. Investors need 40%.
A set of home loan rate changes are now in place from all main banks, repricing to reflect a steeper rate curve. A slower real estate market means fewer transactions to compete for
5th May 21, 1:01pm
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A set of home loan rate changes are now in place from all main banks, repricing to reflect a steeper rate curve. A slower real estate market means fewer transactions to compete for
New Zealand's largest mortgage lender chimes in with home loan rate cuts of its own, nabbing the lowest rate for an 18 month term of any main bank. But it has raised its three year rate
28th Apr 21, 6:49pm
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New Zealand's largest mortgage lender chimes in with home loan rate cuts of its own, nabbing the lowest rate for an 18 month term of any main bank. But it has raised its three year rate
Home loan heavyweight ASB trims some short-term fixed rates and raises some longer-term fixed mortgage rates as background wholesale rates shift under varying influences. Westpac follows
23rd Apr 21, 9:49am
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Home loan heavyweight ASB trims some short-term fixed rates and raises some longer-term fixed mortgage rates as background wholesale rates shift under varying influences. Westpac follows
HSBC ends its 1.99% fixed home loan offers, raising them to 2.25% after a two month run at the unusually low level. All eyes are on how the RBNZ will react to rising international benchmark rates
6th Apr 21, 3:55pm
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HSBC ends its 1.99% fixed home loan offers, raising them to 2.25% after a two month run at the unusually low level. All eyes are on how the RBNZ will react to rising international benchmark rates
Westpac's economists predict higher mortgage rates will eventually start pushing down house prices
15th Mar 21, 10:50am
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Westpac's economists predict higher mortgage rates will eventually start pushing down house prices
RBNZ Governor says it's too early to decide whether to get worried about rising bond yields, as ANZ Chief Economist warns a 1% mortgage rate rise would chew up 5% of Aucklanders’ disposable incomes
5th Mar 21, 9:28am
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RBNZ Governor says it's too early to decide whether to get worried about rising bond yields, as ANZ Chief Economist warns a 1% mortgage rate rise would chew up 5% of Aucklanders’ disposable incomes
SBS Bank extends its 2.29% home loan rate out to terms of 18 months and two years fixed, making the two year offer the lowest in the market. It is also offering up to $6000 as a cash incentive
12th Feb 21, 4:02pm
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SBS Bank extends its 2.29% home loan rate out to terms of 18 months and two years fixed, making the two year offer the lowest in the market. It is also offering up to $6000 as a cash incentive
Another challenger bank goes below 2% for mortgages, as the 2021 home loan market swells on sharply rising demand. These challenger banks have opened up a 30 bps rate advantage over the main banks
10th Feb 21, 10:10am
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Another challenger bank goes below 2% for mortgages, as the 2021 home loan market swells on sharply rising demand. These challenger banks have opened up a 30 bps rate advantage over the main banks
A challenger bank offers first home buyers a one year fixed rate well below the main banks, raises two term deposit rates to well above the main banks as well
27th Jan 21, 3:30pm
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A challenger bank offers first home buyers a one year fixed rate well below the main banks, raises two term deposit rates to well above the main banks as well
More big banks slip into line with lower one year fixed rate home loan offers. BNZ is the latest, then ASB. But challenger banks still have lower rates on the table
22nd Jan 21, 8:37am
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More big banks slip into line with lower one year fixed rate home loan offers. BNZ is the latest, then ASB. But challenger banks still have lower rates on the table
Another big bank has cut a key home loan rate, signaling that a new round of mortgage rate cuts are on their way. The RBNZ's FLP gives them the low cost funds to do this if they apply
19th Jan 21, 6:22pm
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Another big bank has cut a key home loan rate, signaling that a new round of mortgage rate cuts are on their way. The RBNZ's FLP gives them the low cost funds to do this if they apply
Encouraged by the RBNZ, one major bank offers a 2.29% one year fixed home loan rate. It is almost certain to signal a new round of mortgage rate cuts that will juice up the already-hot housing market
11th Jan 21, 8:18am
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Encouraged by the RBNZ, one major bank offers a 2.29% one year fixed home loan rate. It is almost certain to signal a new round of mortgage rate cuts that will juice up the already-hot housing market
Broad discrepancy between the interest rates the major banks use to test mortgage borrowers' ongoing ability to service their loans
21st Dec 20, 2:54pm
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Broad discrepancy between the interest rates the major banks use to test mortgage borrowers' ongoing ability to service their loans
In the past week, and despite strong RBNZ signals it wants interest rates to stay very low, local wholesale markets have pushed through a rising rate curve anyway. Borrowers should stay alert
13th Nov 20, 11:55am
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In the past week, and despite strong RBNZ signals it wants interest rates to stay very low, local wholesale markets have pushed through a rising rate curve anyway. Borrowers should stay alert
Economists expect the RBNZ will consider what impact its $28 billion Funding for Lending Programme has on interest rates before taking a knife to the OCR
12th Nov 20, 7:30am
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Economists expect the RBNZ will consider what impact its $28 billion Funding for Lending Programme has on interest rates before taking a knife to the OCR
HSBC pushed fixed home loan rate offers lower yet again, with some market-leading low levels for their Premier product. They have cut TD rates as well. Meanwhile other banks are offering cashbacks more liberally
6th Nov 20, 10:27am
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HSBC pushed fixed home loan rate offers lower yet again, with some market-leading low levels for their Premier product. They have cut TD rates as well. Meanwhile other banks are offering cashbacks more liberally
Another challenger bank has launched even lower home loan rate offers today, the first time any mortgage rate has fallen below 2%. These Heartland offers are digital-only
12th Oct 20, 2:07pm
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Another challenger bank has launched even lower home loan rate offers today, the first time any mortgage rate has fallen below 2%. These Heartland offers are digital-only
Challenger bank SBS has grabbed the market leading home loan rate position with 2.49% fixed for 18 months, two and three years
12th Oct 20, 9:27am
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Challenger bank SBS has grabbed the market leading home loan rate position with 2.49% fixed for 18 months, two and three years
ANZ expects one year fixed mortgage rates to bottom out at 1.75% in April, but says their impact on the housing market could be muted
29th Sep 20, 3:33pm
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ANZ expects one year fixed mortgage rates to bottom out at 1.75% in April, but says their impact on the housing market could be muted
A look at how much Covid-19 support property owners are receiving through low interest rates versus what non-property owners are receiving from the Government
22nd Sep 20, 12:28pm
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A look at how much Covid-19 support property owners are receiving through low interest rates versus what non-property owners are receiving from the Government
A large challenger bank trims home loan rates to near market-leading levels, the first to do so after the RBNZ MPS and the first to line up for the Spring real estate selling season race
17th Aug 20, 5:20pm
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A large challenger bank trims home loan rates to near market-leading levels, the first to do so after the RBNZ MPS and the first to line up for the Spring real estate selling season race