Mortgages

Big savings seen for banks in possible mortgage broker pay changes

21 Jan 19, 9:23am

Credit Suisse says potential for Royal Commission to recommend changes to mortgage broker remuneration could be lucrative for Aussie banks
More...

Westpac cuts one-year mortgage rate to equal market low

17 Jan 19, 4:07pm

Gareth Vaughan

25 comments

Westpac reduces one-year mortgage rate 'special' by 16 basis points to 3.99%
More...

Fitch predicts soft NZ house price growth

16 Jan 19, 4:49pm

Gareth Vaughan

21 comments

Fitch sees Auckland continuing to record lower house price growth than other NZ regions this year with price falls likely
More...

Kiwibank cuts its 2yr fixed rate

12 Jan 19, 6:02am

David Chaston

28 comments

The first 2019 home loan rate reduction has arrived, taking the two year fixed to a market-leading 4.19% level. Eyes are now on rival moves
More...

Understanding our banks

9 Jan 19, 12:00pm

David Chaston

79 comments

We look at some key data available from the RBNZ Dashboard to help investors and depositors in our banks understand where some important hazards lie
More...

The houses have it

22 Dec 18, 7:16am

David Hargreaves

31 comments

David Hargreaves says the interlinked issues of KiwiBuild, immigration and the overall housing market performance in 2019 will together be the key determinant of who forms a Government in 2020
More...

The decline of the housing investor

20 Dec 18, 3:30pm

David Hargreaves

47 comments

Latest Reserve Bank monthly figures show the share of borrowing by the housing investor is continuing to drop sharply to new lows
More...

HSBC ends its low rate 'specials'

18 Dec 18, 8:40am

David Chaston

The bank that led fixed mortgage rates lower ends its 'specials', reverting some key rates back to 3.99%. Almost all banks have now raised fixed rates in the past month
More...

Two challenger banks end their sub-4% offers

17 Dec 18, 8:37am

David Chaston

The end of the road approaches for sub-4% home loan rates as another two banks withdraw, leaving just one challenger bank with such offers
More...

'No evidence' big Aussie banks recovering levy via mortgage pricing

13 Dec 18, 10:38am

Gareth Vaughan

As Shane Jones pushes for a bank levy to support regional NZ banking services, ACCC report says Aussie bank levy costs not being passed on to mortgage borrowers
More...

Loading up on housing debt?

9 Dec 18, 12:02pm

David Chaston

42 comments

Yes, housing debt is growing but perhaps not to levels that anywhere near threaten financial stability, especially if you measure that on a per dwelling basis. The regulatory restrictions are doing their job well
More...

Is Goldilocks in the house?

6 Dec 18, 10:11am

David Hargreaves

110 comments

David Hargreaves wonders whether perhaps we really can achieve a subdued, but not falling, house market - 'neither too hot, nor too cold'
More...

'Sub-4% mortgage interest rates possibly the generational low'

6 Dec 18, 10:09am

Gareth Vaughan

29 comments

Co-operative Bank CEO David Cunningham says sub-4% home loan rates unsustainable unless deposit rates fall about 50 basis points
More...

ASB ends its sub-4% offer

6 Dec 18, 8:39am

David Chaston

1 comment

The last of the main banks retreats from a sub-4% home loan offer rate, just as wholesale rates tumble on the darkening international mood. But two smaller rivals still offer sub-4%
More...

Steady financial quarter for the smaller banks

4 Dec 18, 3:30pm

Gareth Vaughan

Co-op Bank, SBS, TSB, Heartland and Rabobank all deliver lending and deposit growth in the September quarter
More...

Is there life left in the housing investor?

2 Dec 18, 7:02am

David Hargreaves

87 comments

David Hargreaves looks at some of the past impacts of the RBNZ's 'LVR speed limit' home loan restrictions and ponders how the latest changes to the LVRs might affect the housing landscape
More...

ANZ follows quickly, also ending its sub-4% rate offer

30 Nov 18, 5:29pm

David Chaston

15 comments

NZ's largest mortgage bank also raises a key rate, but then adds a competitive 18 mth 'special', and extends its $3000 cash-back inducement
More...

Following BNZ, Westpac also raises mortgages rates, ending sub-4% offer

30 Nov 18, 10:16am

David Chaston

46 comments

BNZ ups its sub-4% two year home loan rate to match its rivals at 4.29% as the competitive imperative for lower rates to win market share fades. Westpac follows
More...

Is the RBNZ going too fast?

28 Nov 18, 3:12pm

David Hargreaves

21 comments

David Hargreaves admits to reservations about the Reserve Bank move to lift the 'speed limit' for high loan to value house lending - and particularly the move to free up some of the shackles on investors
More...

RBNZ eases housing lending restrictions

28 Nov 18, 9:08am

David Hargreaves

167 comments

The Reserve Bank is loosening the 'speed limits' on high loan to value ratio lending and says further relaxation of the rules is likely in future
More...