SBS Bank
Kiwibank, Co-op Bank, SBS & TSB welcome proposed RBNZ changes to level the capital playing field, but want access to a wide range of capital sources warning as currently proposed the RBNZ plans are unworkable for small banks
23rd May 19, 5:00am
11
Kiwibank, Co-op Bank, SBS & TSB welcome proposed RBNZ changes to level the capital playing field, but want access to a wide range of capital sources warning as currently proposed the RBNZ plans are unworkable for small banks
With headline mortgage rates from every bank for every fixed term now below 5% and most key rates below 4%, this is a very competitive home loan market. Cash incentives are also available as well
11th May 19, 3:09pm
5
With headline mortgage rates from every bank for every fixed term now below 5% and most key rates below 4%, this is a very competitive home loan market. Cash incentives are also available as well
Business lobby group BusinessNZ is dismissive of the RBNZ's bank capital proposals yet NZ owned banks argue they would bolster their competitive position vs their big Aussie owned rivals. So why the disconnect?
11th May 19, 9:46am
13
Business lobby group BusinessNZ is dismissive of the RBNZ's bank capital proposals yet NZ owned banks argue they would bolster their competitive position vs their big Aussie owned rivals. So why the disconnect?
The range of term deposit offer rates tightens as yet more banks cut rates. With loan demand tepid, there is little sign of competition for customer funds
7th May 19, 11:59am
1
The range of term deposit offer rates tightens as yet more banks cut rates. With loan demand tepid, there is little sign of competition for customer funds
In a slowing housing market, banks chase carded home loan rate offers lower. Weighted average offers at challenger banks are lower than for the main banks
4th May 19, 9:31am
6
In a slowing housing market, banks chase carded home loan rate offers lower. Weighted average offers at challenger banks are lower than for the main banks
Another major bank has adopted ASB's market-leading three year mortgage rate. TSB's price-match offer applies
4th Apr 19, 2:58pm
8
Another major bank has adopted ASB's market-leading three year mortgage rate. TSB's price-match offer applies
ASB goes long. It raises its one year 'special' but cuts its 3 year rate to 3.95%, and reduces its 4 and 5 years rates too. And TSB's price-match offer applies
4th Apr 19, 12:30am
7
ASB goes long. It raises its one year 'special' but cuts its 3 year rate to 3.95%, and reduces its 4 and 5 years rates too. And TSB's price-match offer applies
Both SBS Bank and the Co-op Bank cut home loan rates in interesting ways, with one of them setting new market-leading levels
3rd Apr 19, 8:56am
12
Both SBS Bank and the Co-op Bank cut home loan rates in interesting ways, with one of them setting new market-leading levels
The Co-operative Bank takes a knife to most fixed mortgage rates, ending up with market leading positions at 6 months and for those three years and longer
6th Feb 19, 8:01am
5
The Co-operative Bank takes a knife to most fixed mortgage rates, ending up with market leading positions at 6 months and for those three years and longer
David Chaston suggests that if you want to know where mortgage rates are headed next, watch what the big banks do with term deposit rates rather than where swap rates go
2nd Feb 19, 9:49am
18
David Chaston suggests that if you want to know where mortgage rates are headed next, watch what the big banks do with term deposit rates rather than where swap rates go
Another bank raises its key term deposit rates, even in the face of sharply falling wholesale swap rates. A finance company raised a key rate too
1st Feb 19, 8:54am
Another bank raises its key term deposit rates, even in the face of sharply falling wholesale swap rates. A finance company raised a key rate too
Competitive pressure in the face of languishing house sales is driving mortgage rates lower. Kiwibank's latest cut brings sub-4% rates to fixed terms of two years
26th Jan 19, 12:02am
64
Competitive pressure in the face of languishing house sales is driving mortgage rates lower. Kiwibank's latest cut brings sub-4% rates to fixed terms of two years
The bank that led fixed mortgage rates lower ends its 'specials', reverting some key rates back to 3.99%. Almost all banks have now raised fixed rates in the past month
18th Dec 18, 8:40am
The bank that led fixed mortgage rates lower ends its 'specials', reverting some key rates back to 3.99%. Almost all banks have now raised fixed rates in the past month
Gareth Vaughan details how the RBNZ's proposals for NZ banks to hold more capital are a victory for the smaller NZ owned banks over their much bigger Aussie owned rivals
17th Dec 18, 5:14pm
34
Gareth Vaughan details how the RBNZ's proposals for NZ banks to hold more capital are a victory for the smaller NZ owned banks over their much bigger Aussie owned rivals
The end of the road approaches for sub-4% home loan rates as another two banks withdraw, leaving just one challenger bank with such offers
17th Dec 18, 8:37am
The end of the road approaches for sub-4% home loan rates as another two banks withdraw, leaving just one challenger bank with such offers
The last of the main banks retreats from a sub-4% home loan offer rate, just as wholesale rates tumble on the darkening international mood. But two smaller rivals still offer sub-4%
6th Dec 18, 8:39am
1
The last of the main banks retreats from a sub-4% home loan offer rate, just as wholesale rates tumble on the darkening international mood. But two smaller rivals still offer sub-4%
Co-op Bank, SBS, TSB, Heartland and Rabobank all deliver lending and deposit growth in the September quarter
4th Dec 18, 3:30pm
Co-op Bank, SBS, TSB, Heartland and Rabobank all deliver lending and deposit growth in the September quarter
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
27
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
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
20
Another major bank reduces one mortgage rate below 4%, leaving only ASB and Kiwibank as majors with no offers at this new level
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
71
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
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
33
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
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
3
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
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
25
As mortgage lenders pull back from lending to property investors, offers to owner-occupiers are getting sharper as overall mortgage market growth slows