21st Oct 19, 5:02am
A NZ-owned challenger bank bursts into contention with a 3.39% two year fixed home loan rate, plus a cash-back incentive. Other banks eye cashbacks too
A NZ-owned challenger bank bursts into contention with a 3.39% two year fixed home loan rate, plus a cash-back incentive. Other banks eye cashbacks too
18th Oct 19, 9:42am
The last of the major banks trims its key mortgage rates, falling into line with the levels triggered by ANZ earlier in the week. With low rates very tightly bunched, no bank can afford to be out of line
The last of the major banks trims its key mortgage rates, falling into line with the levels triggered by ANZ earlier in the week. With low rates very tightly bunched, no bank can afford to be out of line
17th Oct 19, 9:02am
BNZ cuts both mortgage rates and term deposit rates, lowering rates across a wider range of terms and leaving a few majors with rate levels higher than their main rivals
BNZ cuts both mortgage rates and term deposit rates, lowering rates across a wider range of terms and leaving a few majors with rate levels higher than their main rivals
15th Oct 19, 4:26pm
Westpac follows ANZ lower with reduced carded offers for the two key fixed home loan rates
Westpac follows ANZ lower with reduced carded offers for the two key fixed home loan rates
[Updated]
14th Oct 19, 3:46pm
Mortgage rate cuts from ANZ NZ for six month, one year and two year terms
[Updated]
Mortgage rate cuts from ANZ NZ for six month, one year and two year terms
[Updated]
3rd Oct 19, 4:59am
KiwiSaver provider Simplicity announces a mortgage offer for first home buyer members that features a startlingly low floating interest rate well below current fund returns, solely funded by member contributions
[Updated]
KiwiSaver provider Simplicity announces a mortgage offer for first home buyer members that features a startlingly low floating interest rate well below current fund returns, solely funded by member contributions
[Updated]
18th Sep 19, 3:02pm
The launch of market leading home loan rates by subsidiaries of China's main banks signals a more active role in retail banking here. We profile the institutions
[Updated]
The launch of market leading home loan rates by subsidiaries of China's main banks signals a more active role in retail banking here. We profile the institutions
[Updated]
7th Aug 19, 2:19pm
ASB is first out of the blocks with a rate cut for floating home loans. A small fixed rate change as well. This is where we summarise the rate cuts from all banks
[Updated]
ASB is first out of the blocks with a rate cut for floating home loans. A small fixed rate change as well. This is where we summarise the rate cuts from all banks
3rd Aug 19, 10:21am
SBS Bank makes a small trim to its key mortgage rate offers, taking two of them down to market-leading levels. However, the whole home loan market is awaiting an RBNZ rate cut and assessing the impact of sharp swap rate drops
SBS Bank makes a small trim to its key mortgage rate offers, taking two of them down to market-leading levels. However, the whole home loan market is awaiting an RBNZ rate cut and assessing the impact of sharp swap rate drops
30th Jul 19, 4:51pm
The Cooperative Bank cuts home loan rates to remain a good option in the fiercely competitive mortgage market. But they also have trimmed term deposit and savings rates to allow that
The Cooperative Bank cuts home loan rates to remain a good option in the fiercely competitive mortgage market. But they also have trimmed term deposit and savings rates to allow that
26th Jul 19, 2:23pm
By matching HSBC Premier, Kiwibank brings the new lower home loan rates to the one year term option as the whole mortgage market settles in to a new normal
By matching HSBC Premier, Kiwibank brings the new lower home loan rates to the one year term option as the whole mortgage market settles in to a new normal
[Updated]
26th Jul 19, 10:31am
Another bank adopts the lower home loan rate set. Borrowers may be smiling but pressures are building for banks to protect their margins and savers should beware
[Updated]
Another bank adopts the lower home loan rate set. Borrowers may be smiling but pressures are building for banks to protect their margins and savers should beware
[Updated]
23rd Jul 19, 4:31pm
Westpac quickly follows BNZ with a 3.79% two year 'special', taking rate competitiveness to a new lower level, even before the Spring season starts. ANZ also follows
[Updated]
Westpac quickly follows BNZ with a 3.79% two year 'special', taking rate competitiveness to a new lower level, even before the Spring season starts. ANZ also follows
[Updated]
22nd Jul 19, 10:48am
BNZ drops two-year mortgage interest rate for owner-occupiers to lowest of the major banks, cuts a couple of savings rates
[Updated]
BNZ drops two-year mortgage interest rate for owner-occupiers to lowest of the major banks, cuts a couple of savings rates
15th Jul 19, 10:23am
Although wholesale rates have bounced up after reaching record lows recently, banks continue to adjust their mortgage rates down. This time the cuts came with a matching term deposit rate cut
Although wholesale rates have bounced up after reaching record lows recently, banks continue to adjust their mortgage rates down. This time the cuts came with a matching term deposit rate cut
29th Jun 19, 9:32am
We are now in the depth of the Winter mortgage season. Wholesale swap rates have turned up recently. Banks are pulling back on their 'specials', keeping powder dry for the upcoming Spring campaigns
We are now in the depth of the Winter mortgage season. Wholesale swap rates have turned up recently. Banks are pulling back on their 'specials', keeping powder dry for the upcoming Spring campaigns
28th Jun 19, 8:15am
First home buyers were helped by big drops in house prices in Papakura and Franklin in May, but prices remained surprisingly firm in many other places
First home buyers were helped by big drops in house prices in Papakura and Franklin in May, but prices remained surprisingly firm in many other places
24th Jun 19, 2:14pm
Two cuts to fixed mortgage rates and one increase come from BNZ as they tweak their carded offers. Even in the real estate off-season banks manoeuvre to get a competitive advantage
Two cuts to fixed mortgage rates and one increase come from BNZ as they tweak their carded offers. Even in the real estate off-season banks manoeuvre to get a competitive advantage
24th Jun 19, 12:06am
In a falling mortgage rate market, a major lender shifts a key rate higher, putting it back in the middle of the pack
In a falling mortgage rate market, a major lender shifts a key rate higher, putting it back in the middle of the pack
