Floating mortgage rates
Banks' changes to floating mortgage rates have varied over the past two years. David Chaston shines a light both on how much and when rates changed for borrowers
Banks' changes to floating mortgage rates have varied over the past two years. David Chaston shines a light both on how much and when rates changed for borrowers
Whilst it may monitor banks' OCR pass through data, the FMA acknowledges banks have no legal obligation to pass on changes as most appear to pad floating mortgage rate margins
Whilst it may monitor banks' OCR pass through data, the FMA acknowledges banks have no legal obligation to pass on changes as most appear to pad floating mortgage rate margins
The Co-operative Bank CEO Mark Wilkshire puts a spotlight on floating mortgage rates, where his bank is the outlier
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The Co-operative Bank CEO Mark Wilkshire puts a spotlight on floating mortgage rates, where his bank is the outlier
Latest Reserve Bank figures show the huge wave of re-fixing of mortgages taking place before Christmas is now well and truly subsiding
Latest Reserve Bank figures show the huge wave of re-fixing of mortgages taking place before Christmas is now well and truly subsiding
Latest Reserve Bank figures show two-year fixed rate mortgages have returned to favouritism with homeowners
Latest Reserve Bank figures show two-year fixed rate mortgages have returned to favouritism with homeowners
Latest Reserve Bank figures show that in two months after the RBNZ effectively declared there would be no more interest rate cuts, the amount of money on fixed mortgage rates for longer than a two year duration increased by over $10 bln
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Latest Reserve Bank figures show that in two months after the RBNZ effectively declared there would be no more interest rate cuts, the amount of money on fixed mortgage rates for longer than a two year duration increased by over $10 bln
Latest Reserve Bank figures show a big change in preference for home owners in December, with floating mortgages pushed to the sidelines and longer term fixed rate mortgages coming to the fore
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Latest Reserve Bank figures show a big change in preference for home owners in December, with floating mortgages pushed to the sidelines and longer term fixed rate mortgages coming to the fore
Record surge in amount of mortgage money moving to fixed rates in December as homeowners digested Reserve Bank's November OCR announcement and then acted - decisively
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Record surge in amount of mortgage money moving to fixed rates in December as homeowners digested Reserve Bank's November OCR announcement and then acted - decisively
Latest Reserve Bank figures show a massive spike in change of loan provider in December, with record amounts being moved and a record share of the total new monthly mortgage market
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Latest Reserve Bank figures show a massive spike in change of loan provider in December, with record amounts being moved and a record share of the total new monthly mortgage market
Latest Reserve Bank figures show just under half of mortgage money uplifted in November - nearly $4 billion - was on floating rates. If the intention was to take advantage of future fixed mortgage rate falls, this plan appears to have been frustrated
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Latest Reserve Bank figures show just under half of mortgage money uplifted in November - nearly $4 billion - was on floating rates. If the intention was to take advantage of future fixed mortgage rate falls, this plan appears to have been frustrated
Latest Reserve Bank figures show a third of owner-occupier mortgage money uplifted from new mortgages in October was on floating rates as home owners seemingly bet on further fixed rate cuts that might not come
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Latest Reserve Bank figures show a third of owner-occupier mortgage money uplifted from new mortgages in October was on floating rates as home owners seemingly bet on further fixed rate cuts that might not come
Latest Reserve Bank figures show in the first nine months of this year the pile of outstanding mortgage stock has grown at nearly double the rate it was growing two years ago
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Latest Reserve Bank figures show in the first nine months of this year the pile of outstanding mortgage stock has grown at nearly double the rate it was growing two years ago
Latest Reserve Bank figures show short term fixed and floating mortgages found renewed favour in September ahead of the Reserve Bank's Official Cash Rate decision on October 8
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Latest Reserve Bank figures show short term fixed and floating mortgages found renewed favour in September ahead of the Reserve Bank's Official Cash Rate decision on October 8
[updated]
Second chop: who changed what and by how much. Here is a summary of the main floating rate changes, along with the announced changes to savings account rates
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Second chop: who changed what and by how much. Here is a summary of the main floating rate changes, along with the announced changes to savings account rates
[updated]
Kiwibank jumps the gun and cuts its floating rate before the Reserve Bank OCR decision on Wednesday, confident its 50 basis points cut will be matched by the central bank
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Kiwibank jumps the gun and cuts its floating rate before the Reserve Bank OCR decision on Wednesday, confident its 50 basis points cut will be matched by the central bank