lower for longer

12th Jul 20, 7:42am
by Guest
Kiwibank chief economist Jarrod Kerr sees record low interest rates supported by copious amounts of quantitative easing with negative interest rates a risk
Kiwibank chief economist Jarrod Kerr sees record low interest rates supported by copious amounts of quantitative easing with negative interest rates a risk
12th Jul 20, 7:42am
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
18th Jun 20, 2:16pm
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
14th Jun 20, 6:02am
26th May 20, 12:06pm
ANZ takes term deposit rate offers down to levels never seen before, with almost no offers above 2%. It is hoping savers just take it despite significant benefits for shifting to another bank
ANZ takes term deposit rate offers down to levels never seen before, with almost no offers above 2%. It is hoping savers just take it despite significant benefits for shifting to another bank
26th May 20, 12:06pm
25th May 20, 4:03pm
HSBC grabs the 'lowest rate' mantle with sharp cuts for all terms for its Premier offers, none over 3%, and the lowest home loan rate ever at 2.60% for a one year fixed term
HSBC grabs the 'lowest rate' mantle with sharp cuts for all terms for its Premier offers, none over 3%, and the lowest home loan rate ever at 2.60% for a one year fixed term
25th May 20, 4:03pm
[Updated]
22nd May 20, 3:17pm
Kiwibank reduces one to five year fixed-term mortgage rates for borrowers with at least 20% equity, taking its one-year rate to a new record low
[Updated]
Kiwibank reduces one to five year fixed-term mortgage rates for borrowers with at least 20% equity, taking its one-year rate to a new record low
22nd May 20, 3:17pm
22nd May 20, 2:07pm
BNZ gets back in the ring with a 'special' rate card all below three percent, including all rates for three, four and five years fixed
BNZ gets back in the ring with a 'special' rate card all below three percent, including all rates for three, four and five years fixed
22nd May 20, 2:07pm
22nd May 20, 10:07am
Now its ASB's turn to push down home loan interest rates, with a market leading target at 2.69% for two years fixed, and trumping all their main rivals
Now its ASB's turn to push down home loan interest rates, with a market leading target at 2.69% for two years fixed, and trumping all their main rivals
22nd May 20, 10:07am
21st May 20, 6:38pm
Westpac joins the fray with a market leading two year fixed rate, but doesn't reduce standard rates so the difference grows to unusual levels
Westpac joins the fray with a market leading two year fixed rate, but doesn't reduce standard rates so the difference grows to unusual levels
21st May 20, 6:38pm
[Updated]
21st May 20, 12:50pm
TSB joins ANZ offering a home loan rate of 2.79% fixed for one year. It cuts four other rates, two of them to below 3%. It cuts term deposit rates too
[Updated]
TSB joins ANZ offering a home loan rate of 2.79% fixed for one year. It cuts four other rates, two of them to below 3%. It cuts term deposit rates too
21st May 20, 12:50pm
20th May 20, 6:35pm
ANZ cuts its one year mortgage special to 2.79%, lower than its main rivals and matching the lowest one year rate anywhere. Cuts most other fixed rates too
ANZ cuts its one year mortgage special to 2.79%, lower than its main rivals and matching the lowest one year rate anywhere. Cuts most other fixed rates too
20th May 20, 6:35pm
15th May 20, 9:14am
BNZ rounds out the home loan rate cut trend with their own set, matching key rivals. They also made matching term deposit rate cuts
BNZ rounds out the home loan rate cut trend with their own set, matching key rivals. They also made matching term deposit rate cuts
15th May 20, 9:14am
[Updated]
14th May 20, 2:53pm
HSBC says it will cut fixed mortgage rates for its Premier rate card, but not until Thursday, May 21. However at this time, the signaled rates are among the most competitive for four popular terms
[Updated]
HSBC says it will cut fixed mortgage rates for its Premier rate card, but not until Thursday, May 21. However at this time, the signaled rates are among the most competitive for four popular terms
14th May 20, 2:53pm
[Updated]
14th May 20, 11:00am
Term deposit rates dive deep into unexplored territory, at record lows with the strong prospect of sinking further to very dim depths. Savers are realising you can't fight the RBNZ and its LSAP bazooka
[Updated]
Term deposit rates dive deep into unexplored territory, at record lows with the strong prospect of sinking further to very dim depths. Savers are realising you can't fight the RBNZ and its LSAP bazooka
14th May 20, 11:00am
13th May 20, 5:42pm
It is becoming a 2% world in the home loan sector as markets and regulators actively open up the space to cut rates further, and savers focus on 'safety' rather than 'return' for their nest eggs
It is becoming a 2% world in the home loan sector as markets and regulators actively open up the space to cut rates further, and savers focus on 'safety' rather than 'return' for their nest eggs
13th May 20, 5:42pm
[Updated]
12th May 20, 4:21pm
Rapid fire breaks out in the mortgage wars as combatants each aim at marginally different territory. Borrowers watch as the landscape becomes very fluid very quickly
[Updated]
Rapid fire breaks out in the mortgage wars as combatants each aim at marginally different territory. Borrowers watch as the landscape becomes very fluid very quickly
12th May 20, 4:21pm
[Updated]
11th May 20, 5:46pm
New Zealand's largest bank follows two of its main rivals down with one home loan offer of 2.99%. TSB follows, going down to 2.89%. But savers pay with large term deposit rate cuts
[Updated]
New Zealand's largest bank follows two of its main rivals down with one home loan offer of 2.99%. TSB follows, going down to 2.89%. But savers pay with large term deposit rate cuts
11th May 20, 5:46pm
[Updated]
7th May 20, 6:23pm
Kiwibank launches a one year fixed mortgage 'special' of 2.99% and is the first major lender to offer a home loan rate below 3%
[Updated]
Kiwibank launches a one year fixed mortgage 'special' of 2.99% and is the first major lender to offer a home loan rate below 3%
7th May 20, 6:23pm
7th May 20, 3:22pm
The onset of the Covid-19 crisis has sent expectations of inflation over the next two years plummeting to new lows in a new influential RBNZ survey; house price drop of nearly 5.5% seen in next year
The onset of the Covid-19 crisis has sent expectations of inflation over the next two years plummeting to new lows in a new influential RBNZ survey; house price drop of nearly 5.5% seen in next year
7th May 20, 3:22pm
5th May 20, 12:39pm
Since the RBNZ started cutting official rates hard, term deposit savers have been on the back foot facing diminishing returns. They won't have noticed the small cushion
Since the RBNZ started cutting official rates hard, term deposit savers have been on the back foot facing diminishing returns. They won't have noticed the small cushion
5th May 20, 12:39pm

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