home loans
Kiwibank responds to ANZ's home loan rate cuts with a new market-leading low 6.29% one year fixed rate
17th Sep 24, 8:20am
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Kiwibank responds to ANZ's home loan rate cuts with a new market-leading low 6.29% one year fixed rate
The largest home loan lender cuts most fixed rates to have a market-leading offer for one and two year fixed mortgages
11th Sep 24, 5:59pm
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The largest home loan lender cuts most fixed rates to have a market-leading offer for one and two year fixed mortgages
Latest Reserve Bank figures show approximately one in five new mortgages collected in July were fixed for just six months as the punters bet on imminent rate cuts - that are subsequently following
4th Sep 24, 3:40pm
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Latest Reserve Bank figures show approximately one in five new mortgages collected in July were fixed for just six months as the punters bet on imminent rate cuts - that are subsequently following
Many home loan borrowers are choosing a 'pay-more-now-to-pay-less-later' strategy. David Chaston checks the numbers to see if they justify it, and show the risks involved
4th Sep 24, 9:00am
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Many home loan borrowers are choosing a 'pay-more-now-to-pay-less-later' strategy. David Chaston checks the numbers to see if they justify it, and show the risks involved
Although more borrowers may be taking an interest in break fees, this doesn't necessarily mean there'll be a spike in those breaking mortgage terms
3rd Sep 24, 12:11pm
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Although more borrowers may be taking an interest in break fees, this doesn't necessarily mean there'll be a spike in those breaking mortgage terms
First home buyers are benefiting from a combination of declining house prices and falling interest rates
27th Aug 24, 12:38pm
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First home buyers are benefiting from a combination of declining house prices and falling interest rates
CEO Steve Jurkovich says fresh capital of $500m would give Kiwibank a lot of runway for growth
22nd Aug 24, 12:51pm
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CEO Steve Jurkovich says fresh capital of $500m would give Kiwibank a lot of runway for growth
ASB reclaims its market leading rate card with more rapid-fire rate cuts. Challenger banks also chime in with some notably low levels too
22nd Aug 24, 9:08am
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ASB reclaims its market leading rate card with more rapid-fire rate cuts. Challenger banks also chime in with some notably low levels too
[updated]
ANZ cuts fixed home loan rate card to best in market, and cuts term deposit rates just as hard. The Cooperative bank goes even lower for a one year fixed term. BNZ follows
19th Aug 24, 12:53pm
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ANZ cuts fixed home loan rate card to best in market, and cuts term deposit rates just as hard. The Cooperative bank goes even lower for a one year fixed term. BNZ follows
Westpac makes its fourth home loan rate cut since the start of July in a bid to claim the 'lowest rate card'
16th Aug 24, 4:07pm
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Westpac makes its fourth home loan rate cut since the start of July in a bid to claim the 'lowest rate card'
[updated]
Kiwibank leads the rate cutting following the RBNZ's 25 basis points OCR reduction. ASB also cut fixed rates making its whole rate card market-leading - for now. ANZ cuts too, now Westpac
14th Aug 24, 2:17pm
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Kiwibank leads the rate cutting following the RBNZ's 25 basis points OCR reduction. ASB also cut fixed rates making its whole rate card market-leading - for now. ANZ cuts too, now Westpac
[updated]
Income & net interest margin down with expenses up as ASB posts 7% drop in annual profit
14th Aug 24, 10:36am
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Income & net interest margin down with expenses up as ASB posts 7% drop in annual profit
TSB jumps in with a market-low one year home loan rate of 6.69%, a 16 bps advantage over the major banks. Others are likely waiting for the RBNZ before assessing their rate moves
13th Aug 24, 9:50am
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TSB jumps in with a market-low one year home loan rate of 6.69%, a 16 bps advantage over the major banks. Others are likely waiting for the RBNZ before assessing their rate moves
Home loan rates fall again at two more banks, and 5.99% seems to be where carded retail rates are headed with SBS Bank offering that for two years fixed
8th Aug 24, 4:57pm
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Home loan rates fall again at two more banks, and 5.99% seems to be where carded retail rates are headed with SBS Bank offering that for two years fixed
To what extent might recommendations in the Commerce Commission's final report on personal banking competition differ from those in its draft report?
7th Aug 24, 10:07am
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To what extent might recommendations in the Commerce Commission's final report on personal banking competition differ from those in its draft report?
More major banks rush to cut mortgage rates with sub-6% rate offers spreading. These cuts come as wholesale rates dive ahead of next week's RBNZ rate review. Some TD rates drop too
6th Aug 24, 8:44am
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More major banks rush to cut mortgage rates with sub-6% rate offers spreading. These cuts come as wholesale rates dive ahead of next week's RBNZ rate review. Some TD rates drop too
ANZ cuts floating & fixed home loan rates, business base rates, and some term deposit rates. But raises one term deposit rate by 50 basis points
31st Jul 24, 5:35pm
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ANZ cuts floating & fixed home loan rates, business base rates, and some term deposit rates. But raises one term deposit rate by 50 basis points
David Hargreaves has a crunch of the mortgage figures for the first six months of 2024 and finds while the figures are overall slightly up on the very low figures a year ago, the recent trend doesn't bode well at all
28th Jul 24, 6:30am
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David Hargreaves has a crunch of the mortgage figures for the first six months of 2024 and finds while the figures are overall slightly up on the very low figures a year ago, the recent trend doesn't bode well at all
Just 14 days after starting the recent rate cut flurry, Westpac cuts both home loan and term deposit rates again. It now mostly just matches rivals, but for some terms is again market-leading
24th Jul 24, 2:38pm
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Just 14 days after starting the recent rate cut flurry, Westpac cuts both home loan and term deposit rates again. It now mostly just matches rivals, but for some terms is again market-leading
[updated]
Banks typically charge low equity fees for borrowers with deposits below 20%. Are these reapplied if equity rises above 20% and then drops back below 20%?
24th Jul 24, 5:00am
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Banks typically charge low equity fees for borrowers with deposits below 20%. Are these reapplied if equity rises above 20% and then drops back below 20%?
Major banks complete shift of home loan rates lower. ASB pointedly grabs the lowest 6 month and 5 year rate offers of any bank. But a broader perspective suggests even lower rates are possible
22nd Jul 24, 8:36am
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Major banks complete shift of home loan rates lower. ASB pointedly grabs the lowest 6 month and 5 year rate offers of any bank. But a broader perspective suggests even lower rates are possible
[updated]
BNZ the latest bank to cut fixed mortgage rates, offering the lowest 18 month fixed rate of any main bank and equal low for other popular terms. Heartland Bank, Kiwibank cut too
19th Jul 24, 9:45am
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BNZ the latest bank to cut fixed mortgage rates, offering the lowest 18 month fixed rate of any main bank and equal low for other popular terms. Heartland Bank, Kiwibank cut too
[updated]
ANZ goes second, cutting retail rates. Both fixed home loan and term deposit rates have been sliced, some by as much as -30 bps. Almost certainly they will be followed by the other major banks, forcing the challenger banks into a tough spot
17th Jul 24, 5:59pm
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ANZ goes second, cutting retail rates. Both fixed home loan and term deposit rates have been sliced, some by as much as -30 bps. Almost certainly they will be followed by the other major banks, forcing the challenger banks into a tough spot
CEO Shane Marsh says Dosh is eyeing the home loan market as it strives to become a bank for digital natives
17th Jul 24, 5:00am
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CEO Shane Marsh says Dosh is eyeing the home loan market as it strives to become a bank for digital natives
Westpac has responded to the diving wholesale rates following dovish RBNZ signals by cutting its popular short fixed home loan rates, and trimming its short term deposit rate offers
11th Jul 24, 12:11pm
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Westpac has responded to the diving wholesale rates following dovish RBNZ signals by cutting its popular short fixed home loan rates, and trimming its short term deposit rate offers
