mortgage deferrals
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall
Kiwibank boss Steve Jurkovich says little noticeable impact on customers so far since move into Covid-19 level 4 lockdown
Kiwibank boss Steve Jurkovich says little noticeable impact on customers so far since move into Covid-19 level 4 lockdown
The New Zealand Bankers' Association says there are no plans to resurrect the mortgage deferral scheme, but isn't ruling out doing so
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The New Zealand Bankers' Association says there are no plans to resurrect the mortgage deferral scheme, but isn't ruling out doing so
Credit bureau Centrix says New Zealand's combined 'credit limit' equates to $59,808 debt for every man, woman and child in the country
Credit bureau Centrix says New Zealand's combined 'credit limit' equates to $59,808 debt for every man, woman and child in the country
Credit bureau Centrix says consumers are continuing to take advantage of record low interest rates; mortgage applications still strong but down from peak in February
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Credit bureau Centrix says consumers are continuing to take advantage of record low interest rates; mortgage applications still strong but down from peak in February
Credit bureau Centrix says there's been a 10% increase in the number of households in hardship since the end of the Reserve Bank's mortgage deferral scheme
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Credit bureau Centrix says there's been a 10% increase in the number of households in hardship since the end of the Reserve Bank's mortgage deferral scheme
Credit firm Equifax says the surge in mortgage activity by the big banks has driven a more than 100% rise in credit inquiries
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Credit firm Equifax says the surge in mortgage activity by the big banks has driven a more than 100% rise in credit inquiries
Credit bureau Centrix says buy now pay later demand has fallen to its lowest level in nearly a year, but elsewhere credit demand has recovered
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Credit bureau Centrix says buy now pay later demand has fallen to its lowest level in nearly a year, but elsewhere credit demand has recovered
The country's key home lenders detail where they're at with COVID-19 related mortgage deferrals as the year long scheme comes to an end
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The country's key home lenders detail where they're at with COVID-19 related mortgage deferrals as the year long scheme comes to an end
As mortgage deferral scheme ends banks may offer still struggling borrowers a further temporary payment deferral, extend the term of the loan to reduce repayments, or move borrowers to interest-only repayments
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As mortgage deferral scheme ends banks may offer still struggling borrowers a further temporary payment deferral, extend the term of the loan to reduce repayments, or move borrowers to interest-only repayments
Kiwibank CEO Steve Jurkovich says banks could use cheap RBNZ Funding for Lending Programme money to lower floating mortgage rates
Kiwibank CEO Steve Jurkovich says banks could use cheap RBNZ Funding for Lending Programme money to lower floating mortgage rates
ANZ Banking Group CEO Shayne Elliott says bank's NZ staff have 'been really run off their feet' meeting record demand for home loans
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ANZ Banking Group CEO Shayne Elliott says bank's NZ staff have 'been really run off their feet' meeting record demand for home loans
ASB posts 4% rise in half-year profit to $625 million as income rises and expenses fall
Expectations 'very high' ahead of half-year financial results from ASB's parent Commonwealth Bank of Australia
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Expectations 'very high' ahead of half-year financial results from ASB's parent Commonwealth Bank of Australia
Morgan Stanley says massive quantities of government and central bank fiscal and monetary policy stimulus is suppressing banks' loan losses
Morgan Stanley says massive quantities of government and central bank fiscal and monetary policy stimulus is suppressing banks' loan losses