bank competition
The combination of a weak spring selling season in real estate market, unexpected RBNZ OCR moves, and hesitating wholesale money markets sees bank fixed rate offers tighten into narrow ranges
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The combination of a weak spring selling season in real estate market, unexpected RBNZ OCR moves, and hesitating wholesale money markets sees bank fixed rate offers tighten into narrow ranges
After a pause, ASB moves to update both its home loan and term deposit rates. They're now more closely aligned with main rivals' rates
After a pause, ASB moves to update both its home loan and term deposit rates. They're now more closely aligned with main rivals' rates
The spring real estate selling season is here and our largest home loan lender is cutting two key fixed rates. We explain why and the context in a time of rising wholesale rates
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The spring real estate selling season is here and our largest home loan lender is cutting two key fixed rates. We explain why and the context in a time of rising wholesale rates
[updated]
The spring real estate selling season is not going to get encouragement from home loan rates as another main bank raises most fixed rates on the same day benchmark bond rates took a sharp turn up
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The spring real estate selling season is not going to get encouragement from home loan rates as another main bank raises most fixed rates on the same day benchmark bond rates took a sharp turn up
BNZ positions itself for the competitive spring real estate season with sharp offerings for 18 month and 2 years fixed, even as it raises most other mortgage rates
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BNZ positions itself for the competitive spring real estate season with sharp offerings for 18 month and 2 years fixed, even as it raises most other mortgage rates
The Red Bank focuses on its two year fixed rate offer to home loan borrowers with a rate well below its main rivals. even as it raises most other rates. It raised some TD rates too
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The Red Bank focuses on its two year fixed rate offer to home loan borrowers with a rate well below its main rivals. even as it raises most other rates. It raised some TD rates too
Kiwibank follows Aussie-owned rivals, increasing some key fixed home loan rates, and matching this with some term deposit rate increases. But no new rates are market leading
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Kiwibank follows Aussie-owned rivals, increasing some key fixed home loan rates, and matching this with some term deposit rate increases. But no new rates are market leading
The last of the big Aussie banks raises fixed home loan rates in this cycle, and some term deposit rates. But these changes are undistinguished from its main rivals
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The last of the big Aussie banks raises fixed home loan rates in this cycle, and some term deposit rates. But these changes are undistinguished from its main rivals
A third bank moves to higher fixed mortgage rates, but a flatter set from two years fixed and longer. BNZ's move leaves a short window of opportunity to access currently lower ASB and Kiwibank home loan rates
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A third bank moves to higher fixed mortgage rates, but a flatter set from two years fixed and longer. BNZ's move leaves a short window of opportunity to access currently lower ASB and Kiwibank home loan rates
ANZ follows Westpac with rate rises for fixed home loans, and in most cases, larger rises than Westpac made. ANZ also raises term deposit rates
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ANZ follows Westpac with rate rises for fixed home loans, and in most cases, larger rises than Westpac made. ANZ also raises term deposit rates
The first crack in the dam appears with the Red Bank raising home loan and some term deposit rates in response to higher wholesale rate moves
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The first crack in the dam appears with the Red Bank raising home loan and some term deposit rates in response to higher wholesale rate moves
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
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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
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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