SBS Bank

Westpac is the first bank to move its floating home loan rates up after the OCR hike, and some of its savings rates too. Kiwibank follows with BNZ, ASB and now ANZ too

Westpac is the first bank to move its floating home loan rates up after the OCR hike, and some of its savings rates too. Kiwibank follows with BNZ, ASB and now ANZ too

Banks go into defensive mode on home loan rate offers as the winter season wraps around the housing market. Borrowers will have to sit tight and just take these levels, but those who can wait for spring will be hoping for more competitive offers then

Banks go into defensive mode on home loan rate offers as the winter season wraps around the housing market. Borrowers will have to sit tight and just take these levels, but those who can wait for spring will be hoping for more competitive offers then

Kiwibank shifts its rate card mostly lower with its two year fixed home loan rate now among the lowest of the big banks, even if the other terms aren't quite as competitive

Kiwibank shifts its rate card mostly lower with its two year fixed home loan rate now among the lowest of the big banks, even if the other terms aren't quite as competitive

More banks jockey for position on home loan rate levels, with BNZ now shifting rates both ways; up for shorter fixed terms, down for longer fixed terms

More banks jockey for position on home loan rate levels, with BNZ now shifting rates both ways; up for shorter fixed terms, down for longer fixed terms

Our largest mortgage lender reverses its early June home loan rate hikes - and cuts a wider range of term deposit rates at the same time

Our largest mortgage lender reverses its early June home loan rate hikes - and cuts a wider range of term deposit rates at the same time

The Red Bank heaps competitive pressure on ANZ by cutting some longer carded fixed rates, after ANZ raised all its fixed rates in early June

The Red Bank heaps competitive pressure on ANZ by cutting some longer carded fixed rates, after ANZ raised all its fixed rates in early June

‘It’s more than just that label on the door’: A building society and a credit union weigh up the pros and cons of rebranding as ‘banks’ from 2028

‘It’s more than just that label on the door’: A building society and a credit union weigh up the pros and cons of rebranding as ‘banks’ from 2028

By not following ANZ up, its main rivals have opened up a competitive mortgage pricing advantage. Will they take the extra margin and rise too, or the extra volume that lower prices can encourage?

By not following ANZ up, its main rivals have opened up a competitive mortgage pricing advantage. Will they take the extra margin and rise too, or the extra volume that lower prices can encourage?

March-year lending contracts and profit drops at SBS Bank with core banking system upgrade seen providing 'faster, easier, and more secure' banking

March-year lending contracts and profit drops at SBS Bank with core banking system upgrade seen providing 'faster, easier, and more secure' banking

Our largest bank increases all its fixed mortgage rates to levels equal to or above its main rivals. At the same time it has raised two term deposit rates but left all others unchanged

Our largest bank increases all its fixed mortgage rates to levels equal to or above its main rivals. At the same time it has raised two term deposit rates but left all others unchanged

Westpac stays competitive for its two year fixed mortgage rate, but increases for other fixed terms lessen that advantage unless you look at four and five year fixed rates

Westpac stays competitive for its two year fixed mortgage rate, but increases for other fixed terms lessen that advantage unless you look at four and five year fixed rates

New survey details how mortgage brokers rank banks and non-banks, and what they want from them

New survey details how mortgage brokers rank banks and non-banks, and what they want from them

BNZ moves some key fixed rates up, closing the gap to its main rivals. In the background, all the pressure's on benchmark rates, both locally and internationally, are up

BNZ moves some key fixed rates up, closing the gap to its main rivals. In the background, all the pressure's on benchmark rates, both locally and internationally, are up

What plans, if any, do the small NZ-owned banks have where open banking's concerned?

What plans, if any, do the small NZ-owned banks have where open banking's concerned?

ASB now offers the Kāinga Ora low deposit First Home Loan, boosted with a cashback. But borrowers face a hefty Lenders Mortgage Insurance

ASB now offers the Kāinga Ora low deposit First Home Loan, boosted with a cashback. But borrowers face a hefty Lenders Mortgage Insurance