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Before the end of 2014.
37% (54 votes)
Not until some time next year.
36% (53 votes)
It won't, this tightening cycle is done and dusted.
27% (40 votes)
Total voters: 147

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Borrowing news

Posted in Personal Finance

ASB launches 2yr fixed mortgage special rate

ASB beats main rivals by lowering its two year mortgage rate as a 'special' going sub 6%, withdraws one year 'special

What happened today

A review of things you need to know before you go home on Friday; flurry of TD rate changes, Auckland and Christchurch look to Wellington for their projects, markets await US NFP result

Harmoney to start trading 'very soon'

Peer-to-peer lender Harmoney unveils its full board of directors, says 'go live' near

What happened Thursday

A review of things you need to know before you go home on Thursday; crowd funding licensed, the rise and rise of fixed mortgages, National support slips, swap rates rise

What happened Wednesday

A review of things you need to know before you go home on Wednesday; non-housing consent record, SFO-FMA co-operation, busy roads, NZD breather, bank bills at 3.7%

Co-op Bank raises rates

Both floating home loan rates and term deposit rates are increased by the Co-operative Bank, effective Wednesday

Kiwibank raises variable home loan rates

The state-owned lender follows the pack with a +25 bps raise to 6.65%, signals term deposit rates are rising too

What happened Tuesday

Updated
A review of things you need to know before you go home on Tuesday; Westpac grabs some extra margin, Transmission Gully underway, the MetroGlass yo-yo, wholesale rates rise

The bank wins, savers lose

Moves in mortgage and deposit rates since the RBNZ started OCR hikes show savers losing out, bank margins rising and competition in the borrowing market

Westpac's mortgage rate rise plus

Last Aussie-owned bank to raise floating home loan rates holds on to rate advantage but reduces the benefit

What happened Monday

A review of things you need to know before you go home on Monday; BNZ raises variable rates +25bps, selective on deposits, Dorchester looks for more of Turners, RBNZ leads,  wholesale rates sink

BNZ hikes floating mortgage rates

BNZ third bank to increase floating mortgage rates post latest OCR hike, also lifts 9 month deposit rate by 25 basis points

What happened Friday

A review of things you need to know before you go home on Friday; rates react to RBNZ hike, confidence fades, affordability actually improves, wholesale swap rates rise, and more

What happened Thursday

Updated
A review of things you need to know before you go home on Thursday; rates rise after OCR hike, Chinese PMI up, NZ trade balance strong, high LVR lending rises, swap rates fall, and more

ANZ lifts floating, flexi mortgage rates

Updated
ANZ follows OCR hike with increases to floating and flexi mortgage rates, introduces term deposit 'special'; ASB hikes floating rates & 2 deposit rates

What happened Wednesday

A review of things you need to know before you go home on Wednesday; Aussie inflation raises their currency, mortgage volumes sag further, Hubbard's trick, wholesale rates rise, and more

What happened Tuesday

A review of things you need to know before you go home on Tuesday; Danone angry at High Court, Bennett on warpath, flyover succumbs to nimbys, wholesale rates flatten

What happened Monday

A review of things you need to know before you go home on Monday; farms sell for higher prices, lifestyle blocks don't, migration rises, credit card use doesn't, swap rates unchanged

Harmoney sees $12b opportunity

P2P lender excited by opportunity given NZ banks 'have margins between borrowing and retailing that you can drive a truck through'

What happened Friday

A review of things you need to know before you go home on Friday; big bank shortfalls, welfare rolls shrink, oil falls while petrol rises, Racing industry has tax issues, more sharp swap falls