18th Feb 21, 11:48am
ANZ Banking Group CEO Shayne Elliott says bank's NZ staff have 'been really run off their feet' meeting record demand for home loans
ANZ Banking Group CEO Shayne Elliott says bank's NZ staff have 'been really run off their feet' meeting record demand for home loans
5th Feb 21, 5:15pm
ASB says residential property investors seeking loans must now have a 40% deposit, with bank's CEO 'concerned high levels of investor demand are unsustainable'
ASB says residential property investors seeking loans must now have a 40% deposit, with bank's CEO 'concerned high levels of investor demand are unsustainable'
21st Dec 20, 2:54pm
Broad discrepancy between the interest rates the major banks use to test mortgage borrowers' ongoing ability to service their loans
Broad discrepancy between the interest rates the major banks use to test mortgage borrowers' ongoing ability to service their loans
18th Dec 20, 8:08am
Finance Minister Grant Robertson tells Bloomberg the Reserve Bank requesting a debt to income ratio tool doesn’t automatically translate to the Government approving it
Finance Minister Grant Robertson tells Bloomberg the Reserve Bank requesting a debt to income ratio tool doesn’t automatically translate to the Government approving it
16th Dec 20, 10:51am
Mortgage brokers say most banks have had their struggles keeping up with demand in a red hot housing market
Mortgage brokers say most banks have had their struggles keeping up with demand in a red hot housing market
29th Nov 20, 6:31am
All the real official signals lenders get encourage them to lend for housing, and disincentive them lending to the productive economy - no matter what the officials may say. This raises real dangers says David Chaston
All the real official signals lenders get encourage them to lend for housing, and disincentive them lending to the productive economy - no matter what the officials may say. This raises real dangers says David Chaston
28th Nov 20, 10:11am
The cheap, commoditised, homogenous home loan market with few distinctions works just the way the major banks like it, and the RBNZ's new funding option may help them consolidate their grip
The cheap, commoditised, homogenous home loan market with few distinctions works just the way the major banks like it, and the RBNZ's new funding option may help them consolidate their grip
[Updated]
24th Nov 20, 4:23pm
BNZ says it will reintroduce loan-to-value ratio restrictions on low deposit home loans from December 7 as Reserve Bank moves to formally restore them
[Updated]
BNZ says it will reintroduce loan-to-value ratio restrictions on low deposit home loans from December 7 as Reserve Bank moves to formally restore them
12th Nov 20, 5:07pm
Banks are moving quickly to reinstate LVR restrictions now that they have the RBNZ's signal. The first to announce them is heavyweight ASB, which is moving 'immediately'
Banks are moving quickly to reinstate LVR restrictions now that they have the RBNZ's signal. The first to announce them is heavyweight ASB, which is moving 'immediately'
9th Nov 20, 11:20am
The bank with the lowest floating home loan rate has cut it aggressively again, setting it about 200 basis points lower than most rivals - provided you apply online (and without a broker)
The bank with the lowest floating home loan rate has cut it aggressively again, setting it about 200 basis points lower than most rivals - provided you apply online (and without a broker)
27th Oct 20, 2:18pm
Our best-in-class mortgage calculators give you unique insights when you are making key decisions involving borrowing in today's sky-high housing market - despite low interest rates
Our best-in-class mortgage calculators give you unique insights when you are making key decisions involving borrowing in today's sky-high housing market - despite low interest rates
22nd Sep 20, 5:00am
Heartland Bank CEO Chris Flood says online home loan 'trial' proved popular and bank will relaunch offers once interest rates settle down
Heartland Bank CEO Chris Flood says online home loan 'trial' proved popular and bank will relaunch offers once interest rates settle down
21st Sep 20, 1:02pm
Centrix managing director Keith McLaughlin suggests lenders will need to work with some customers who have their mortgages deferred to refinance or restructure
Centrix managing director Keith McLaughlin suggests lenders will need to work with some customers who have their mortgages deferred to refinance or restructure
16th Jul 20, 1:37pm
New report from ratings agency S&P Global Ratings says most Asia-Pacific financial institutions will 'show a multi-fold rise in credit losses and sharp drop in earnings' in the next two to three years due to Covid-19
New report from ratings agency S&P Global Ratings says most Asia-Pacific financial institutions will 'show a multi-fold rise in credit losses and sharp drop in earnings' in the next two to three years due to Covid-19
9th Jul 20, 5:00am
Bank of China New Zealand Chairman Chris Tremain says despite capital constraints, the bank is well placed to compete in the residential mortgage market
Bank of China New Zealand Chairman Chris Tremain says despite capital constraints, the bank is well placed to compete in the residential mortgage market
18th Jun 20, 2:16pm
ANZ, ASB, BNZ and Westpac's advertised floating, or variable, borrowing rates unmoved so far since Kiwibank's 100 basis points rate cut
ANZ, ASB, BNZ and Westpac's advertised floating, or variable, borrowing rates unmoved so far since Kiwibank's 100 basis points rate cut
14th Jun 20, 6:02am
Kiwibank CEO Steve Jurkovich says 'flight to safety' has led to a glut of deposits & 'some people are finding it difficult' with low rates. Advises no 'hard stop' on mortgage deferrals
Kiwibank CEO Steve Jurkovich says 'flight to safety' has led to a glut of deposits & 'some people are finding it difficult' with low rates. Advises no 'hard stop' on mortgage deferrals
[Updated]
11th Jun 20, 11:10am
Kiwibank throws a cat among the pigeons with cuts to its floating mortgage rate and other variable borrowing rates in move that could benefit small businesses
[Updated]
Kiwibank throws a cat among the pigeons with cuts to its floating mortgage rate and other variable borrowing rates in move that could benefit small businesses
8th Jun 20, 9:54am
Bank of China New Zealand grows residential mortgage lending 14.4% in March year
Bank of China New Zealand grows residential mortgage lending 14.4% in March year
6th Jun 20, 10:02am
Bank for International Settlements paper points out the financial stability implications of mortgage deferrals will be driven by the extent to which borrowers are willing & able to repay once 'holidays' end
Bank for International Settlements paper points out the financial stability implications of mortgage deferrals will be driven by the extent to which borrowers are willing & able to repay once 'holidays' end
3rd Jun 20, 5:06am
New Zealand home loan borrowers are now getting fixed rates at bigger discounts to Aussies even as rates fall everywhere. They are falling faster here than across the ditch
New Zealand home loan borrowers are now getting fixed rates at bigger discounts to Aussies even as rates fall everywhere. They are falling faster here than across the ditch
[Updated]
26th May 20, 10:15am
If you don't have a 20% deposit for a house purchase, all banks will add some serious additional costs to your repayments - but a few add a lot less than others
[Updated]
If you don't have a 20% deposit for a house purchase, all banks will add some serious additional costs to your repayments - but a few add a lot less than others
21st Apr 20, 7:12pm
RBNZ Deputy Governor: Saying goodbye to mortgage lending restrictions won't cause rapid credit growth - the bigger risk right now is banks being too conservative
RBNZ Deputy Governor: Saying goodbye to mortgage lending restrictions won't cause rapid credit growth - the bigger risk right now is banks being too conservative
[Updated]
21st Apr 20, 10:15am
Reserve Bank eyes removal of loan-to-value ratio mortgage restrictions in response to COVID-19 economic downturn for at least a year
[Updated]
Reserve Bank eyes removal of loan-to-value ratio mortgage restrictions in response to COVID-19 economic downturn for at least a year
21st Apr 20, 8:12am
Squirrel's John Bolton shares his thoughts on some of the supply and demand issues - and opportunities - in the post-lockdown housing market
Squirrel's John Bolton shares his thoughts on some of the supply and demand issues - and opportunities - in the post-lockdown housing market
