Mortgages

First home buyers likely accounted for more than a third of property purchases in February but high levels of low equity mortgage lending could foreshadow future problems

First home buyers likely accounted for more than a third of property purchases in February but high levels of low equity mortgage lending could foreshadow future problems

Latest Reserve Bank figures show the huge wave of re-fixing of mortgages taking place before Christmas is now well and truly subsiding

Latest Reserve Bank figures show the huge wave of re-fixing of mortgages taking place before Christmas is now well and truly subsiding

Kiwibank comes back for a second home loan rate hike in the past few days, targeting its two and three year fixed rates

Kiwibank comes back for a second home loan rate hike in the past few days, targeting its two and three year fixed rates

BNZ is back with more home loan rate increase tweaks, and some higher term deposit rates, completing a week of industry-wide rises under pressure from wholesale rate changes

BNZ is back with more home loan rate increase tweaks, and some higher term deposit rates, completing a week of industry-wide rises under pressure from wholesale rate changes

ASB is the next major bank to adjust fixed rates and they have been more restrained in their moves than Westpac or ANZ. ASB also reprised a 5% TD rate. Kiwibank follows with their own rate hikes

ASB is the next major bank to adjust fixed rates and they have been more restrained in their moves than Westpac or ANZ. ASB also reprised a 5% TD rate. Kiwibank follows with their own rate hikes

Apart from the post-pandemic 'normalisation', we seem to be starting an upward phase for fixed home loan rates, one we haven't seen since late 2016

Apart from the post-pandemic 'normalisation', we seem to be starting an upward phase for fixed home loan rates, one we haven't seen since late 2016

The country's largest mortgage lender raises its carded home loan rates too, with more than me-too increases. Unlike some, they raised term deposit rates at the same time

The country's largest mortgage lender raises its carded home loan rates too, with more than me-too increases. Unlike some, they raised term deposit rates at the same time

BNZ is the next to raise fixed mortgage rates, but they do it differently to Westpac, holding advantages in some terms. BNZ did not raise term deposit rates at the same time, as Westpac did

BNZ is the next to raise fixed mortgage rates, but they do it differently to Westpac, holding advantages in some terms. BNZ did not raise term deposit rates at the same time, as Westpac did

The Red Bank moves its rates up for both mortgages and term deposits as wholesale money cost rises show no signs of slowing

The Red Bank moves its rates up for both mortgages and term deposits as wholesale money cost rises show no signs of slowing

Latest Reserve Bank figures show two-year fixed rate mortgages have returned to favouritism with homeowners

Latest Reserve Bank figures show two-year fixed rate mortgages have returned to favouritism with homeowners

Latest Reserve Bank figures show that in two months after the RBNZ effectively declared there would be no more interest rate cuts, the amount of money on fixed mortgage rates for longer than a two year duration increased by over $10 bln

Latest Reserve Bank figures show that in two months after the RBNZ effectively declared there would be no more interest rate cuts, the amount of money on fixed mortgage rates for longer than a two year duration increased by over $10 bln

Reductions to some fixed home loan rates may extend the move by borrowers to fix for longer given swirling uncertainties in the short term

Reductions to some fixed home loan rates may extend the move by borrowers to fix for longer given swirling uncertainties in the short term

Kiwibank 'well positioned' CEO says, after half-year profit rise despite lower net interest margin

Kiwibank 'well positioned' CEO says, after half-year profit rise despite lower net interest margin

As financial markets reset after a more dovish than anticipated Reserve Bank monetary policy review, Westpac is cutting three longer term home loan rates

As financial markets reset after a more dovish than anticipated Reserve Bank monetary policy review, Westpac is cutting three longer term home loan rates

In their forthcoming first economic outlook for the year, Westpac's economists now think there will be SIX hikes of the OCR during next year as the current excess capacity in the economy is swallowed up more quickly than earlier expected

In their forthcoming first economic outlook for the year, Westpac's economists now think there will be SIX hikes of the OCR during next year as the current excess capacity in the economy is swallowed up more quickly than earlier expected