Mortgages
Surprise! For the first time ever we are now not paying more than the Aussies for one key fixed rate. We look at how New Zealand mortgage pricing compares with what Aussies pay for the same sort of loans
18th Nov 18, 5:23pm
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Surprise! For the first time ever we are now not paying more than the Aussies for one key fixed rate. We look at how New Zealand mortgage pricing compares with what Aussies pay for the same sort of loans
History is made with the weighted average one year fixed mortgage rate falling below 4% for the first time ever, bumped lower by Thursday's cut by TSB
15th Nov 18, 9:26am
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History is made with the weighted average one year fixed mortgage rate falling below 4% for the first time ever, bumped lower by Thursday's cut by TSB
Kiwibank economists say latest house sales figures show a 'well behaved' market and so there is 'every possibility' of the RBNZ further relaxing lending limits
14th Nov 18, 11:45am
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Kiwibank economists say latest house sales figures show a 'well behaved' market and so there is 'every possibility' of the RBNZ further relaxing lending limits
ASB cuts one rate to 3.95% but raises two others as the sub 4% rate level embeds in the current home loan market; only three stragglers to go now
13th Nov 18, 1:59pm
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ASB cuts one rate to 3.95% but raises two others as the sub 4% rate level embeds in the current home loan market; only three stragglers to go now
David Hargreaves says the new wave of competition between banks for mortgage business may prove to be short lived but it should certainly provide some life for the housing market leading up to Christmas
13th Nov 18, 7:50am
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David Hargreaves says the new wave of competition between banks for mortgage business may prove to be short lived but it should certainly provide some life for the housing market leading up to Christmas
Another major bank reduces one mortgage rate below 4%, leaving only ASB and Kiwibank as majors with no offers at this new level
12th Nov 18, 5:05pm
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Another major bank reduces one mortgage rate below 4%, leaving only ASB and Kiwibank as majors with no offers at this new level
BNZ unveils two year 3.99% home loan rate from November 13 as mortgage wars intensify
12th Nov 18, 1:31pm
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BNZ unveils two year 3.99% home loan rate from November 13 as mortgage wars intensify
ANZ follows up its new lower one year rate with a $3000 cash back incentive, with conditions that include promising to stay with them for three years
12th Nov 18, 9:05am
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ANZ follows up its new lower one year rate with a $3000 cash back incentive, with conditions that include promising to stay with them for three years
We examine the margin shifts as wholesale money rates rise just as one large mortgage bank cuts a key rate, looking at the pressures and motivations for the move
10th Nov 18, 9:43am
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We examine the margin shifts as wholesale money rates rise just as one large mortgage bank cuts a key rate, looking at the pressures and motivations for the move
New Zealand's largest home loan lender challenges its main rivals with a sub-4% one year fixed mortgage rate - just as wholesale swap rates turn up
10th Nov 18, 9:00am
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New Zealand's largest home loan lender challenges its main rivals with a sub-4% one year fixed mortgage rate - just as wholesale swap rates turn up
Reserve Bank leaves Official Cash Rate unchanged at 1.75%; still sees upside and downside risks
8th Nov 18, 9:05am
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Reserve Bank leaves Official Cash Rate unchanged at 1.75%; still sees upside and downside risks
Influential RBNZ Survey of expectations shows sharp rise in inflation expected over next year, but more subdued in two years' time; house price expectations have moved up a little
7th Nov 18, 3:29pm
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Influential RBNZ Survey of expectations shows sharp rise in inflation expected over next year, but more subdued in two years' time; house price expectations have moved up a little
Westpac NZ's David McLean is seeing increased competition between the banks as the spring housing market springs to life
6th Nov 18, 11:51am
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Westpac NZ's David McLean is seeing increased competition between the banks as the spring housing market springs to life
Westpac NZ annual cash earnings rise 5%, statutory earnings up 3% to $936 mln, three-year business transformation programme yielding benefits
5th Nov 18, 10:07am
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Westpac NZ annual cash earnings rise 5%, statutory earnings up 3% to $936 mln, three-year business transformation programme yielding benefits
Kiwibank is the next one to chop a key home loan rate, reducing its one year fixed rate to 4.05% as the main banks follow the challenger banks lower
5th Nov 18, 9:49am
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Kiwibank is the next one to chop a key home loan rate, reducing its one year fixed rate to 4.05% as the main banks follow the challenger banks lower
John Bolton says although there are economic clouds aplenty on the horizon our property market is well placed to weather the storm
4th Nov 18, 6:02am
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John Bolton says although there are economic clouds aplenty on the horizon our property market is well placed to weather the storm
Three cuts from a rising challenger bank tighten the rate competition for home loans. While none of these reductions are market-leading, they reinforce the downward trend in mortgage rate offers
3rd Nov 18, 11:17am
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Three cuts from a rising challenger bank tighten the rate competition for home loans. While none of these reductions are market-leading, they reinforce the downward trend in mortgage rate offers
BNZ posts 10% rise in annual profit as income rises and bottom line gets boost from mark to market movements in offshore debt
1st Nov 18, 10:19am
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BNZ posts 10% rise in annual profit as income rises and bottom line gets boost from mark to market movements in offshore debt
Latest Reserve Bank monthly figures show declines in the rate of annual borrowing growth across the personal, housing, business and agricultural sectors
31st Oct 18, 3:32pm
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Latest Reserve Bank monthly figures show declines in the rate of annual borrowing growth across the personal, housing, business and agricultural sectors
ANZ's latest Business Outlook Survey shows shows sharp drop in intentions to construct in both residential and commercial sectors; ANZ Chief Economist says next official interest rate move is more likely to be a cut than a hike
31st Oct 18, 1:14pm
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ANZ's latest Business Outlook Survey shows shows sharp drop in intentions to construct in both residential and commercial sectors; ANZ Chief Economist says next official interest rate move is more likely to be a cut than a hike
Another bank trims a key fixed home loan rate. We review where the market is settling to and assess how much lower it could go as banks try to protect their margins
31st Oct 18, 10:04am
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Another bank trims a key fixed home loan rate. We review where the market is settling to and assess how much lower it could go as banks try to protect their margins
ANZ NZ profit surges $206m to $1.986b, or about $809 per customer. Calls off UDC sale. Group cuts staff incentive payments by A$124m in wake of Royal Commission
31st Oct 18, 9:50am
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ANZ NZ profit surges $206m to $1.986b, or about $809 per customer. Calls off UDC sale. Group cuts staff incentive payments by A$124m in wake of Royal Commission
ANZ economists believe the RBNZ will further relax the mortgage lending restrictions next month, though not by much; they see a 'neutral level' of low deposit loans being about 15%-20% of banks' lending
30th Oct 18, 11:34am
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ANZ economists believe the RBNZ will further relax the mortgage lending restrictions next month, though not by much; they see a 'neutral level' of low deposit loans being about 15%-20% of banks' lending
As mortgage lenders pull back from lending to property investors, offers to owner-occupiers are getting sharper as overall mortgage market growth slows
29th Oct 18, 8:36am
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As mortgage lenders pull back from lending to property investors, offers to owner-occupiers are getting sharper as overall mortgage market growth slows
SBS Bank bursts into contention in the Spring selling season with a very sharp competitive two year fixed mortgage rate, lower than all rivals
19th Oct 18, 5:02pm
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SBS Bank bursts into contention in the Spring selling season with a very sharp competitive two year fixed mortgage rate, lower than all rivals