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
6th Apr 20, 8:05am
David Chaston explains what's at stake when you consider taking up the mortgage payment deferral schemes now offered by banks. There is a lot to think about
David Chaston explains what's at stake when you consider taking up the mortgage payment deferral schemes now offered by banks. There is a lot to think about
9th Mar 20, 9:27am
Big market opportunity seen for Heartland Group Holdings' push into the residential mortgage market
Big market opportunity seen for Heartland Group Holdings' push into the residential mortgage market
5th Mar 20, 5:08pm
The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates
The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates
5th Mar 20, 7:35am
Heartland launches online home loan offers with aggressive one to three year fixed rates and a floating rate as it tests appetite for digital mortgages
Heartland launches online home loan offers with aggressive one to three year fixed rates and a floating rate as it tests appetite for digital mortgages
27th Jan 20, 6:02am
House prices have risen more than twice as fast as incomes for typical first home buyers over the last 10 years, leaving them struggling to scrape up a deposit in most parts of the country
House prices have risen more than twice as fast as incomes for typical first home buyers over the last 10 years, leaving them struggling to scrape up a deposit in most parts of the country
