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Banks

Latest Reserve Bank monthly mortgage figures show $7.8 bln advanced for mortgages last month - beating previous record set only a month earlier; investors on the march
25th Nov 20, 3:13pm
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Latest Reserve Bank monthly mortgage figures show $7.8 bln advanced for mortgages last month - beating previous record set only a month earlier; investors on the march
David Hargreaves suggests the 30% deposit rule for investors might not be enough to rein in the current super hot housing market
17th Nov 20, 2:49pm
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David Hargreaves suggests the 30% deposit rule for investors might not be enough to rein in the current super hot housing market
Latest Reserve Bank figures on household debt to income ratios show more mortgage money being borrowed at in excess of five times annual income - but Auckland may be reaching limits
16th Nov 20, 12:26pm
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Latest Reserve Bank figures on household debt to income ratios show more mortgage money being borrowed at in excess of five times annual income - but Auckland may be reaching limits
David Hargreaves says the decision by the Reserve Bank to go back on its word on house lending restrictions raises questions over other commitments it has made
11th Nov 20, 11:26am
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David Hargreaves says the decision by the Reserve Bank to go back on its word on house lending restrictions raises questions over other commitments it has made
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
First home buyers took out a record number of mortgages last month, but resurgent investor interest may be about to start sidelining them again, says David Hargreaves
28th Oct 20, 3:30pm
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First home buyers took out a record number of mortgages last month, but resurgent investor interest may be about to start sidelining them again, says David Hargreaves
Latest Reserve Bank monthly mortgage figures show over $7.3 bln advanced for mortgages last month; advances to first home buyers hit record high also; high LVR lending to investors has tripled since June
27th Oct 20, 3:22pm
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Latest Reserve Bank monthly mortgage figures show over $7.3 bln advanced for mortgages last month; advances to first home buyers hit record high also; high LVR lending to investors has tripled since June
Latest Reserve Bank monthly mortgage figures show that the housing market continued to run hot in August
24th Sep 20, 3:24pm
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Latest Reserve Bank monthly mortgage figures show that the housing market continued to run hot in August
The decision of the Reserve Bank to give cheap funding directly to the banks possibly as soon as November means even lower mortgages may be fuelling the pre-Christmas housing market
24th Sep 20, 11:03am
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The decision of the Reserve Bank to give cheap funding directly to the banks possibly as soon as November means even lower mortgages may be fuelling the pre-Christmas housing market
Latest Reserve Bank monthly mortgage figures show that the post lockdown bounce back in activity continued at hot pace in July
26th Aug 20, 3:19pm
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Latest Reserve Bank monthly mortgage figures show that the post lockdown bounce back in activity continued at hot pace in July
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
25th Aug 20, 2:48pm
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Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
David Hargreaves tries to make sense of swirling and contradictory facts and figures around the current mortgage market
20th Aug 20, 9:04am
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David Hargreaves tries to make sense of swirling and contradictory facts and figures around the current mortgage market
Latest Reserve Bank figures on household debt to income ratios show that still more house buyers are borrowing more than five times their annual income
13th Aug 20, 3:43pm
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Latest Reserve Bank figures on household debt to income ratios show that still more house buyers are borrowing more than five times their annual income
MMT economist Steven Hail argues that, as long as the New Zealand Government remains a monetary sovereign, there can never be a government debt crisis
4th Aug 20, 12:15pm
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MMT economist Steven Hail argues that, as long as the New Zealand Government remains a monetary sovereign, there can never be a government debt crisis
David Hargreaves says the recent buyer trends in housing may just represent the way the market should look when freed from the distortions visited by the Reserve Bank's LVR rules
29th Jul 20, 1:52pm
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David Hargreaves says the recent buyer trends in housing may just represent the way the market should look when freed from the distortions visited by the Reserve Bank's LVR rules
People borrowing to buy their first homes outstripped the amount of money borrowed by investors during the last month
27th Jul 20, 11:22am
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People borrowing to buy their first homes outstripped the amount of money borrowed by investors during the last month
Monthly mortgage borrowing shot up 57% in May compared with the lockdown month of April - but the figure of $4.3 bln advanced was still down by about a third compared with the same month a year ago
25th Jun 20, 3:33pm
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Monthly mortgage borrowing shot up 57% in May compared with the lockdown month of April - but the figure of $4.3 bln advanced was still down by about a third compared with the same month a year ago
David Hargreaves says while it would be lovely to simply bin this year and move straight on to 2021, we may be able to somewhat salvage matters in the second half of 2020
10th Jun 20, 7:50am
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David Hargreaves says while it would be lovely to simply bin this year and move straight on to 2021, we may be able to somewhat salvage matters in the second half of 2020
Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
26th May 20, 3:30pm
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Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
David Hargreaves says the next few months will be a big test for the banks - and how the banks react is likely to be long-remembered by the public
21st May 20, 11:25am
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David Hargreaves says the next few months will be a big test for the banks - and how the banks react is likely to be long-remembered by the public
David Hargreaves has a deeper dive through the Reserve Bank's latest figures on mortgage lending by debt-to-income ratio and finds that buyers across the spectrum have been stretching themselves further
19th May 20, 1:58pm
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David Hargreaves has a deeper dive through the Reserve Bank's latest figures on mortgage lending by debt-to-income ratio and finds that buyers across the spectrum have been stretching themselves further
New Reserve Bank figures show that household debt to income ratios continued to blow out right up till the lockdown - and first home buyers were in the frontline
18th May 20, 3:50pm
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New Reserve Bank figures show that household debt to income ratios continued to blow out right up till the lockdown - and first home buyers were in the frontline
The Reserve Bank has put forward three scenarios for how the economy might pan out depending on what level of pandemic containment measures will be required. None of the scenarios are rosy
13th May 20, 5:21pm
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The Reserve Bank has put forward three scenarios for how the economy might pan out depending on what level of pandemic containment measures will be required. None of the scenarios are rosy
Reserve Bank says it will be 'closely monitoring' movements in retail interest rates and bank margins; sees house prices falling 9% over the rest of this year
13th May 20, 3:11pm
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Reserve Bank says it will be 'closely monitoring' movements in retail interest rates and bank margins; sees house prices falling 9% over the rest of this year
New figures show the banks wrote out the biggest amount for mortgages in a March last month since 2016; first home buyers had a pre-lockdown surge
29th Apr 20, 3:37pm
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New figures show the banks wrote out the biggest amount for mortgages in a March last month since 2016; first home buyers had a pre-lockdown surge