TSB
ASB trims its two year fixed home loan rate by 20 basis points to 4.15% as wholesale swap rates make a similar move down. And the CCCFA rules start to bite at loan demand
7th Dec 21, 9:12am
39
ASB trims its two year fixed home loan rate by 20 basis points to 4.15% as wholesale swap rates make a similar move down. And the CCCFA rules start to bite at loan demand
Suddenly, the rise and rise of fixed mortgage rates looks less certain as financial markets recoil at Omicron. Maybe that opens up an opportunity for borrowers to seek discounts off the new higher carded rates
29th Nov 21, 9:33am
21
Suddenly, the rise and rise of fixed mortgage rates looks less certain as financial markets recoil at Omicron. Maybe that opens up an opportunity for borrowers to seek discounts off the new higher carded rates
ASB the first bank to increase floating home loan rates following the 25 basis points OCR rise, but only by 15 basis points, ANZ adds 20 basis points, Kiwibank, Westpac and BNZ add 25 bps
24th Nov 21, 2:14pm
12
ASB the first bank to increase floating home loan rates following the 25 basis points OCR rise, but only by 15 basis points, ANZ adds 20 basis points, Kiwibank, Westpac and BNZ add 25 bps
Following ASB and Westpac, ANZ as the largest home loan lender raises its carded offers, pushing some rates to new higher territory. One year rates now have a 70 bps advantage
22nd Nov 21, 8:37am
86
Following ASB and Westpac, ANZ as the largest home loan lender raises its carded offers, pushing some rates to new higher territory. One year rates now have a 70 bps advantage
Westpac joins ASB in pushing through higher fixed mortgage rates, as rising inflation expectations push up wholesale rates, and all eyes turn to how the RBNZ will react
18th Nov 21, 4:06pm
85
Westpac joins ASB in pushing through higher fixed mortgage rates, as rising inflation expectations push up wholesale rates, and all eyes turn to how the RBNZ will react
ASB raises all its fixed home loan rates giving it the highest rates on offer for most fixed terms. Options under 4% are shrinking fast, especially at the main banks
16th Nov 21, 9:02am
98
ASB raises all its fixed home loan rates giving it the highest rates on offer for most fixed terms. Options under 4% are shrinking fast, especially at the main banks
ANZ raises its mortgage rates but only to take up the space beneath its main rivals. It also raised its term deposit rates a minor amount
10th Nov 21, 7:17pm
11
ANZ raises its mortgage rates but only to take up the space beneath its main rivals. It also raised its term deposit rates a minor amount
Westpac raises mortgage rates again, unafraid of having the highest 1, 2 and 3 year fixed rates of any bank, probably confident others will follow
4th Nov 21, 8:23pm
22
Westpac raises mortgage rates again, unafraid of having the highest 1, 2 and 3 year fixed rates of any bank, probably confident others will follow
The direction and speed from here of higher mortgage rates now depends on a set of official data and statistics being released over the rest of November
3rd Nov 21, 10:21am
5
The direction and speed from here of higher mortgage rates now depends on a set of official data and statistics being released over the rest of November
Ahead of some major public policy set pieces, New Zealand's largest mortgage lender follows its rivals with higher rates, pushing its 3 year fixed rate to the highest of any bank for that term. ASB goes even higher
1st Nov 21, 7:16pm
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Ahead of some major public policy set pieces, New Zealand's largest mortgage lender follows its rivals with higher rates, pushing its 3 year fixed rate to the highest of any bank for that term. ASB goes even higher
A whiff of instability and broken deal making stalks wholesale money markets, suddenly raising the stakes for indebted homeowners, especially those who need to roll over soon
28th Oct 21, 8:54pm
42
A whiff of instability and broken deal making stalks wholesale money markets, suddenly raising the stakes for indebted homeowners, especially those who need to roll over soon
All the main banks have now moved fixed mortgage rates up so we can assess where they settled, who has the lowest, and note the non-rate inducements being offered by som
26th Oct 21, 9:21am
29
All the main banks have now moved fixed mortgage rates up so we can assess where they settled, who has the lowest, and note the non-rate inducements being offered by som
More banks jump on the fixed mortgage rate rise bandwagon as background wholesale rates push up both locally and internationally
22nd Oct 21, 9:08am
37
More banks jump on the fixed mortgage rate rise bandwagon as background wholesale rates push up both locally and internationally
TSB's penalty for breaching anti-money laundering laws reduced by $355k to $3.5 million
31st Aug 21, 10:13am
1
TSB's penalty for breaching anti-money laundering laws reduced by $355k to $3.5 million
TSB and the RBNZ reach agreement in precedent-setting court case, proposing TSB pays $3.85 million for breaching anti-money laundering law
22nd Jul 21, 1:52pm
6
TSB and the RBNZ reach agreement in precedent-setting court case, proposing TSB pays $3.85 million for breaching anti-money laundering law
RBNZ and TSB in the High Court seeking confirmation TSB has breached the AML/CFT Act, and thus how much it should cough up in penalties
22nd Jul 21, 10:29am
1
RBNZ and TSB in the High Court seeking confirmation TSB has breached the AML/CFT Act, and thus how much it should cough up in penalties
TSB lending more money in Auckland than Taranaki as annual profit and housing lending surges. Bank sells its Harmoney loan portfolio
30th Jun 21, 5:23pm
5
TSB lending more money in Auckland than Taranaki as annual profit and housing lending surges. Bank sells its Harmoney loan portfolio
RBNZ files High Court statement of claim against TSB for 'acknowledged breaches' of the Anti-Money Laundering and Countering Financing of Terrorism Act
27th May 21, 1:22pm
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RBNZ files High Court statement of claim against TSB for 'acknowledged breaches' of the Anti-Money Laundering and Countering Financing of Terrorism Act
The country's key home lenders detail where they're at with COVID-19 related mortgage deferrals as the year long scheme comes to an end
8th Apr 21, 10:14am
14
The country's key home lenders detail where they're at with COVID-19 related mortgage deferrals as the year long scheme comes to an end
Encouraged by the RBNZ, one major bank offers a 2.29% one year fixed home loan rate. It is almost certain to signal a new round of mortgage rate cuts that will juice up the already-hot housing market
11th Jan 21, 8:18am
159
Encouraged by the RBNZ, one major bank offers a 2.29% one year fixed home loan rate. It is almost certain to signal a new round of mortgage rate cuts that will juice up the already-hot housing market
Mortgage brokers say most banks have had their struggles keeping up with demand in a red hot housing market
16th Dec 20, 10:51am
3
Mortgage brokers say most banks have had their struggles keeping up with demand in a red hot housing market
The RBNZ delaying moves to level capital playing field with Aussie owned banks disappoints NZ owned banks, and exclusion from the Funding for Lending Programme disappoints building societies and credit unions
12th Nov 20, 9:40am
3
The RBNZ delaying moves to level capital playing field with Aussie owned banks disappoints NZ owned banks, and exclusion from the Funding for Lending Programme disappoints building societies and credit unions
HSBC pushed fixed home loan rate offers lower yet again, with some market-leading low levels for their Premier product. They have cut TD rates as well. Meanwhile other banks are offering cashbacks more liberally
6th Nov 20, 10:27am
30
HSBC pushed fixed home loan rate offers lower yet again, with some market-leading low levels for their Premier product. They have cut TD rates as well. Meanwhile other banks are offering cashbacks more liberally
Discussion paper from Payments NZ details the 'building blocks' for a real-time payments system for the future
4th Nov 20, 9:34am
Discussion paper from Payments NZ details the 'building blocks' for a real-time payments system for the future
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
26th Aug 20, 9:49am
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up