Mortgage rates
OCR able to be kept at 1.75% into 2018 following unemployment and wage figures, economists say
1st Feb 17, 1:13pm
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OCR able to be kept at 1.75% into 2018 following unemployment and wage figures, economists say
RBNZ given free pass to chill, as retail banks expected to continue to raise mortgage and deposit rates to close funding gap
16th Jan 17, 4:18pm
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RBNZ given free pass to chill, as retail banks expected to continue to raise mortgage and deposit rates to close funding gap
Mortgage rates hikes and investor LVR restrictions won't be enough to stop Auckland house prices from growing in 2017, says the Property Institute
13th Jan 17, 3:45pm
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Mortgage rates hikes and investor LVR restrictions won't be enough to stop Auckland house prices from growing in 2017, says the Property Institute
Finance Minister says rise in long term interest rates since Trump's election sign of normalisation of rates and inflation; should signal to home buyers rates have bottomed out; also will help rebalance NZ$ lower
28th Nov 16, 11:47am
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Finance Minister says rise in long term interest rates since Trump's election sign of normalisation of rates and inflation; should signal to home buyers rates have bottomed out; also will help rebalance NZ$ lower
BNZ, Westpac say they won't pass on 25 basis points RBNZ Official Cash Rate cut to borrowers, blaming rising funding costs
10th Nov 16, 9:56am
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BNZ, Westpac say they won't pass on 25 basis points RBNZ Official Cash Rate cut to borrowers, blaming rising funding costs
RBNZ cuts OCR by 25 bps to record low 1.75%; forecasts OCR to be flat from here; but says may have to adjust policy again given international uncertainties
10th Nov 16, 9:13am
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RBNZ cuts OCR by 25 bps to record low 1.75%; forecasts OCR to be flat from here; but says may have to adjust policy again given international uncertainties
FMA keen to crack down on KiwiSaver providers distracting investors with flashy incentives
8th Nov 16, 3:01pm
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FMA keen to crack down on KiwiSaver providers distracting investors with flashy incentives
Our mortgage rate table has expanded today to include Mike Pero Mortgages, and Liberty Financial
11th Sep 16, 4:25pm
Our mortgage rate table has expanded today to include Mike Pero Mortgages, and Liberty Financial
RBNZ cuts OCR by 25 bps to 2.0% and forecasts just one more cut; NZ$ sprints over 73 USc after markets had forecast chance of 50 bps cut
11th Aug 16, 9:12am
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RBNZ cuts OCR by 25 bps to 2.0% and forecasts just one more cut; NZ$ sprints over 73 USc after markets had forecast chance of 50 bps cut
Labour Leader Andrew Little flags plans for new demand-side and supply-side measures to address Auckland housing crisis on weekend; will require modest borrowing in short term; big house building programme likely; negative gearing in focus
5th Jul 16, 1:21pm
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Labour Leader Andrew Little flags plans for new demand-side and supply-side measures to address Auckland housing crisis on weekend; will require modest borrowing in short term; big house building programme likely; negative gearing in focus
Finance Minister says traditional links between NZ$ and interest rates not holding; says previous OCR cuts didn't affect currency; says TWI-OCR linkage not mechanical
5th Jul 16, 12:43pm
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Finance Minister says traditional links between NZ$ and interest rates not holding; says previous OCR cuts didn't affect currency; says TWI-OCR linkage not mechanical
RBNZ leaves OCR 2.25% as most local economists expected; Wheeler says NZ$ 'higher than appropriate'; says Auckland house prices 'very high' and more housing supply needed'; says 'further policy easing may be required'
9th Jun 16, 9:11am
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RBNZ leaves OCR 2.25% as most local economists expected; Wheeler says NZ$ 'higher than appropriate'; says Auckland house prices 'very high' and more housing supply needed'; says 'further policy easing may be required'
Housing Minister says Government does not believe there is a housing crisis; sees a "challenge"; says rising house demand a 'good news story' that requires supply response; Seymour asks how affordable housing would be with 9% mortgage rate
5th May 16, 12:50pm
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Housing Minister says Government does not believe there is a housing crisis; sees a "challenge"; says rising house demand a 'good news story' that requires supply response; Seymour asks how affordable housing would be with 9% mortgage rate
RBNZ holds OCR at 2.25%; says further easing may be required; notes revival of house price inflation in Auckland; wants lower currency; but NZ$ jumps almost 1 USc to 69.2 USc after decision
28th Apr 16, 9:20am
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RBNZ holds OCR at 2.25%; says further easing may be required; notes revival of house price inflation in Auckland; wants lower currency; but NZ$ jumps almost 1 USc to 69.2 USc after decision
ANZ, Westpac, ASB & Rabobank still reviewing whether they'll cut floating lending rates for farmers; BNZ yet to respond to questions
15th Mar 16, 8:31am
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ANZ, Westpac, ASB & Rabobank still reviewing whether they'll cut floating lending rates for farmers; BNZ yet to respond to questions
Treasury points out the RBNZ's Core Funding Ratio & market re-pricing of risk, have both mean't the spread between the OCR and mortgage rates is now permanently higher
6th Oct 15, 7:02am
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Treasury points out the RBNZ's Core Funding Ratio & market re-pricing of risk, have both mean't the spread between the OCR and mortgage rates is now permanently higher
Treasury report on bank competition used by Minister Goldsmith raises concerns about bank fees but sees 'no severe lack of competition'
28th Sep 15, 3:58pm
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Treasury report on bank competition used by Minister Goldsmith raises concerns about bank fees but sees 'no severe lack of competition'
House prices have started falling at the lower end of the market, with Auckland's lower quartile selling price declining for three months in a row
25th Sep 15, 8:31am
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House prices have started falling at the lower end of the market, with Auckland's lower quartile selling price declining for three months in a row
Savers earn record low returns for their cash, while the capital value of assets like houses (or jobs) push on up into the clouds
2nd Aug 15, 4:03pm
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Savers earn record low returns for their cash, while the capital value of assets like houses (or jobs) push on up into the clouds
New bank customers leapfrog existing customers in receiving bank mortgage rate cuts
28th Jul 15, 5:27pm
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New bank customers leapfrog existing customers in receiving bank mortgage rate cuts
The repression of saver's returns gathers pace as the OCR is cut and more are signaled. David Chaston updates what has happened to the term deposit market
24th Jul 15, 9:35am
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The repression of saver's returns gathers pace as the OCR is cut and more are signaled. David Chaston updates what has happened to the term deposit market
The Co-operative Bank gets in ahead of expected OCR cut by dropping its floating mortgage rate plus 3, 4 and 5 year rates
20th Jul 15, 10:51am
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The Co-operative Bank gets in ahead of expected OCR cut by dropping its floating mortgage rate plus 3, 4 and 5 year rates
David Chaston reviews where savers now stand following the recent OCR cut and the prospects for more of them
26th Jun 15, 10:16am
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David Chaston reviews where savers now stand following the recent OCR cut and the prospects for more of them
ANZ resets many rates lower, leading term deposits down, follows on mortgages, but still leaves credit card rates unchanged
2nd Jun 15, 10:26am
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ANZ resets many rates lower, leading term deposits down, follows on mortgages, but still leaves credit card rates unchanged
Property investor Olly Newland predicts that the Reserve Bank's new Auckland-targeted house market restrictions will have a shelf life of less than 30 days
13th May 15, 3:39pm
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Property investor Olly Newland predicts that the Reserve Bank's new Auckland-targeted house market restrictions will have a shelf life of less than 30 days