Mortgages
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
We face the apparently contradictory situation in which inflation is strongly rising and yet the Reserve Bank will keep the possibility of interest rate cuts on the table
15th Oct 18, 11:44am
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We face the apparently contradictory situation in which inflation is strongly rising and yet the Reserve Bank will keep the possibility of interest rate cuts on the table
Three banks change home loan rates. But even though the trend is down, further reductions may be achievable for many borrowers, even with cash-back incentives
11th Oct 18, 8:51pm
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Three banks change home loan rates. But even though the trend is down, further reductions may be achievable for many borrowers, even with cash-back incentives
There's some expectation the Reserve Bank might loosen mortgage lending restrictions next month - but the 'evidence' either supportive or against such a move is is not definitive
11th Oct 18, 1:47pm
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There's some expectation the Reserve Bank might loosen mortgage lending restrictions next month - but the 'evidence' either supportive or against such a move is is not definitive
David Hargreaves ponders where the turbulent forces of a falling dollar, rising fuel prices and falling business confidence may take us
9th Oct 18, 11:16am
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David Hargreaves ponders where the turbulent forces of a falling dollar, rising fuel prices and falling business confidence may take us
HSBC NZ reprises very low mortgage rate offer, far below any other bank, matching the 50-year-low rate it had in mid 2018
5th Oct 18, 11:00am
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HSBC NZ reprises very low mortgage rate offer, far below any other bank, matching the 50-year-low rate it had in mid 2018
More home loan rate trimming this time by ASB. Its new 18-month rate now has a notable advantage against its main rivals and matches ANZ's new 1-year rate
5th Oct 18, 10:04am
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More home loan rate trimming this time by ASB. Its new 18-month rate now has a notable advantage against its main rivals and matches ANZ's new 1-year rate
David Hargreaves ponders whether the bottoming levels of business confidence are really pointing to a substantial economic slowdown
3rd Oct 18, 3:09pm
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David Hargreaves ponders whether the bottoming levels of business confidence are really pointing to a substantial economic slowdown
Both TSB and Westpac move some key home loan rates lower, with TSB's eighteen month fixed rate a notable lower level. All rate offers now tightly bunched
3rd Oct 18, 8:40am
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Both TSB and Westpac move some key home loan rates lower, with TSB's eighteen month fixed rate a notable lower level. All rate offers now tightly bunched
Reserve Bank data shows non-bank financial institutions growing housing and consumer lending strongly
2nd Oct 18, 2:12pm
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Reserve Bank data shows non-bank financial institutions growing housing and consumer lending strongly
New Zealand's largest mortgage lender pushes its one year home loan rate offer to a new all-time low, challenging its rivals on price
1st Oct 18, 8:55am
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New Zealand's largest mortgage lender pushes its one year home loan rate offer to a new all-time low, challenging its rivals on price
Kiwibank cuts more mortgage rates, tightening up bank offers across the board. It also trims a set of term deposit rates
1st Oct 18, 5:12am
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Kiwibank cuts more mortgage rates, tightening up bank offers across the board. It also trims a set of term deposit rates
TSB moves to match rivals with two new fixed rate home loan specials. Bank rate pricing tactics getting assessed as home buying volumes stay in an unexceptional zone
28th Sep 18, 10:52am
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TSB moves to match rivals with two new fixed rate home loan specials. Bank rate pricing tactics getting assessed as home buying volumes stay in an unexceptional zone
Monthly mortgage figures show a decline in the share of new mortgages taken out by both first home buyers and investors
26th Sep 18, 3:38pm
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Monthly mortgage figures show a decline in the share of new mortgages taken out by both first home buyers and investors
ANZ says latest results of its Business Outlook Survey suggest that while 'the economy may have hit a pothole, the wheels are not falling off'
26th Sep 18, 1:37pm
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ANZ says latest results of its Business Outlook Survey suggest that while 'the economy may have hit a pothole, the wheels are not falling off'
David Hargreaves reckons the direction of the housing market over the next few months will decide a lot of things, including who wins the next election
25th Sep 18, 11:29am
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David Hargreaves reckons the direction of the housing market over the next few months will decide a lot of things, including who wins the next election
State-owned lender Kiwibank takes benchmark two year fixed home loan rate down to a new low by a major bank, opening up a juicy advantage over its main rivals
24th Sep 18, 4:13pm
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State-owned lender Kiwibank takes benchmark two year fixed home loan rate down to a new low by a major bank, opening up a juicy advantage over its main rivals
Despite last week's surprisingly strong GDP figures, economists believe the Reserve Bank will stick to its 'dovish' view that the next move in interest rates could be down when it reviews the Official Cash Rate on Thursday
24th Sep 18, 3:29pm
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Despite last week's surprisingly strong GDP figures, economists believe the Reserve Bank will stick to its 'dovish' view that the next move in interest rates could be down when it reviews the Official Cash Rate on Thursday
SBS Bank now offers the lowest two, four and five year fixed mortgage rates, joining other challenger banks in cutting rates as the Spring house selling season advances
22nd Sep 18, 6:31am
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SBS Bank now offers the lowest two, four and five year fixed mortgage rates, joining other challenger banks in cutting rates as the Spring house selling season advances
Economists note that economic growth slower than the central bank is predicting would see growing speculation of future interest rate cuts - but higher growth figures would curtail such speculation
18th Sep 18, 10:03am
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Economists note that economic growth slower than the central bank is predicting would see growing speculation of future interest rate cuts - but higher growth figures would curtail such speculation
Why are NZ banks cutting mortgage rates as Aussie banks hike them, and how long might this last?
18th Sep 18, 5:00am
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Why are NZ banks cutting mortgage rates as Aussie banks hike them, and how long might this last?