sign up log in
Want to go ad-free? Find out how, here.

Mortgages

[updated]
Even though they are small and not market-leading, ASB has made a third set of home loan rate reductions to ensure it remains competitive with its main home loan rivals. And it has cut TD rates too
11th Mar 24, 8:32am
25
Even though they are small and not market-leading, ASB has made a third set of home loan rate reductions to ensure it remains competitive with its main home loan rivals. And it has cut TD rates too
Reserve Bank figures are showing rising levels of non-performing housing loans. What we all want to know is whether we are now seeing the full extent of the pressure caused by high interest rates - or whether the problems may be just starting
10th Mar 24, 6:00am
147
Reserve Bank figures are showing rising levels of non-performing housing loans. What we all want to know is whether we are now seeing the full extent of the pressure caused by high interest rates - or whether the problems may be just starting
Latest Reserve Bank figures show that in January some 76% of new owner-occupier borrowers fixed for terms of just 18 months or less
7th Mar 24, 3:48pm
17
Latest Reserve Bank figures show that in January some 76% of new owner-occupier borrowers fixed for terms of just 18 months or less
Despite another bank trimming home loan rates, the range of rates among all banks is narrowing for the most competitive terms. BNZ matches its latest cut with term deposit reductions
6th Mar 24, 8:58am
13
Despite another bank trimming home loan rates, the range of rates among all banks is narrowing for the most competitive terms. BNZ matches its latest cut with term deposit reductions
It looks like this is moving week for both home loan and term deposit rates, following the RBNZ MPS. ANZ the next to cut retail rates although the changes are not major
4th Mar 24, 8:46am
31
It looks like this is moving week for both home loan and term deposit rates, following the RBNZ MPS. ANZ the next to cut retail rates although the changes are not major
[updated]
Soon after its 18 month mortgage rate cut last week, ASB trims its one and two year home loan rates. And tweaks up its 6 month term deposit rate slightly
4th Mar 24, 8:02am
11
Soon after its 18 month mortgage rate cut last week, ASB trims its one and two year home loan rates. And tweaks up its 6 month term deposit rate slightly
Latest RBNZ figures show non-performing housing loans rose by $161 million in January and have increased by $721 million over the past 12 months; non-performing housing loan ratio hits a 10-year-high
29th Feb 24, 4:11pm
66
Latest RBNZ figures show non-performing housing loans rose by $161 million in January and have increased by $721 million over the past 12 months; non-performing housing loan ratio hits a 10-year-high
Latest mortgage figures from the Reserve Bank suggest first home buyers might have reached their limit in terms of market share, while investors might be showing some signs of life
28th Feb 24, 10:26am
14
Latest mortgage figures from the Reserve Bank suggest first home buyers might have reached their limit in terms of market share, while investors might be showing some signs of life
Mortgage calculators come in many styles, but it is best to use one that can handle multiple options and solve for the answers you need when family budgets get tight
28th Feb 24, 8:21am
1
Mortgage calculators come in many styles, but it is best to use one that can handle multiple options and solve for the answers you need when family budgets get tight
Westpac says its customers are spending just 3.4% more than a year ago, while the population has grown 2.8% and retail prices have increased about 4%; customers with mortgages particularly spending less
27th Feb 24, 11:45am
5
Westpac says its customers are spending just 3.4% more than a year ago, while the population has grown 2.8% and retail prices have increased about 4%; customers with mortgages particularly spending less
ASB cuts 18 month fixed home loan rate by 26 basis points, ahead of the Reserve Bank's OCR decision, and in the face of a stuttering real estate market
27th Feb 24, 7:56am
23
ASB cuts 18 month fixed home loan rate by 26 basis points, ahead of the Reserve Bank's OCR decision, and in the face of a stuttering real estate market
CEO Steve Jurkovich says Kiwibank's margins have been stable as it grows home lending in weak market
23rd Feb 24, 10:03am
CEO Steve Jurkovich says Kiwibank's margins have been stable as it grows home lending in weak market
[updated]
Kiwibank interim profit up 7% as home lending and net interest income increase. CEO Steve Jurkovich says reduction in surplus income main reason for customers who are struggling
22nd Feb 24, 9:39am
5
Kiwibank interim profit up 7% as home lending and net interest income increase. CEO Steve Jurkovich says reduction in surplus income main reason for customers who are struggling
Another major bank tweaks its mortgage rate card lower as doubts spread about an OCR hike next week. Competition is rising as the real estate market hasn't really fired yet in its crucial selling season
22nd Feb 24, 8:06am
72
Another major bank tweaks its mortgage rate card lower as doubts spread about an OCR hike next week. Competition is rising as the real estate market hasn't really fired yet in its crucial selling season
Latest quarterly Reserve Bank figures show ahead of the likely introduction of debt to income restrictions in the middle of the year, new borrowers are currently well below the proposed lending limits to be imposed on banks
19th Feb 24, 11:03am
47
Latest quarterly Reserve Bank figures show ahead of the likely introduction of debt to income restrictions in the middle of the year, new borrowers are currently well below the proposed lending limits to be imposed on banks
[updated]
ASB CEO Vittoria Shortt says bank's lending contraction evidence of an unusual, challenging time
15th Feb 24, 5:17pm
29
ASB CEO Vittoria Shortt says bank's lending contraction evidence of an unusual, challenging time
Independent global economic researchers Capital Economics say falls in nominal house prices have been 'modest' in most developed economies and 'almost non-existent' in some others
15th Feb 24, 11:32am
88
Independent global economic researchers Capital Economics say falls in nominal house prices have been 'modest' in most developed economies and 'almost non-existent' in some others
[updated]
Falling net interest margin and rising costs push ASB half-year profit lower
14th Feb 24, 10:29am
12
Falling net interest margin and rising costs push ASB half-year profit lower
The Red Bank becomes the first major to break out of the tight range of mortgage rates being offered by the majors, cutting both fixed home loan rates modestly (and term deposit rates by more) even as wholesale rates rise
9th Feb 24, 6:04am
30
The Red Bank becomes the first major to break out of the tight range of mortgage rates being offered by the majors, cutting both fixed home loan rates modestly (and term deposit rates by more) even as wholesale rates rise
Latest Reserve Bank figures indicate New Zealand's home owner-occupiers are increasingly focusing on shorter term fixed mortgage rates - presumably in the assumption that rates will come down sooner rather than later
8th Feb 24, 3:51pm
7
Latest Reserve Bank figures indicate New Zealand's home owner-occupiers are increasingly focusing on shorter term fixed mortgage rates - presumably in the assumption that rates will come down sooner rather than later
Heartland Bank slices its fixed home loan rates with big cuts to all terms, opening up a big differences to main bank rates
8th Feb 24, 8:46am
21
Heartland Bank slices its fixed home loan rates with big cuts to all terms, opening up a big differences to main bank rates
Latest RBNZ figures show non-performing housing loans rose by 78.5% in the past year - but the stress levels are still much lower than they were after the global financial crisis
1st Feb 24, 9:23am
50
Latest RBNZ figures show non-performing housing loans rose by 78.5% in the past year - but the stress levels are still much lower than they were after the global financial crisis
David Hargreaves dives back through from the start of detailed mortgage figures the Reserve Bank has now been producing for 9 years to show a picture of burgeoning first home buyer involvement and mostly shrinking investor participation
31st Jan 24, 11:44am
40
David Hargreaves dives back through from the start of detailed mortgage figures the Reserve Bank has now been producing for 9 years to show a picture of burgeoning first home buyer involvement and mostly shrinking investor participation
Latest RBNZ figures show first home buyers picked up over a quarter of the new mortgage monies advanced in December - although it was a slow month overall
30th Jan 24, 11:20am
14
Latest RBNZ figures show first home buyers picked up over a quarter of the new mortgage monies advanced in December - although it was a slow month overall
ASB moves both home loan and term deposit rates lower but only for the less popular longer terms. Still, they can claim a competitive three year home loan rate. But they can't claim unique term deposit offers
25th Jan 24, 9:48am
18
ASB moves both home loan and term deposit rates lower but only for the less popular longer terms. Still, they can claim a competitive three year home loan rate. But they can't claim unique term deposit offers