Mortgages

Latest Reserve Bank figures show short term fixed and floating mortgages found renewed favour in September ahead of the Reserve Bank's Official Cash Rate decision on October 8

Latest Reserve Bank figures show short term fixed and floating mortgages found renewed favour in September ahead of the Reserve Bank's Official Cash Rate decision on October 8

BNZ September-year profit down as revenue falls. CEO says customers making most of falling interest rate environment by paying loans down faster

BNZ September-year profit down as revenue falls. CEO says customers making most of falling interest rate environment by paying loans down faster

Reserve Bank sees rise in deposits with some non-bank deposit takers since July introduction of Depositor Compensation Scheme

Reserve Bank sees rise in deposits with some non-bank deposit takers since July introduction of Depositor Compensation Scheme

The Reserve Bank's latest Financial Stability Report says fewer borrowers are now falling behind on debt repayments, while borrowers who had previously been in default are finding ways to 'mitigate stress'

The Reserve Bank's latest Financial Stability Report says fewer borrowers are now falling behind on debt repayments, while borrowers who had previously been in default are finding ways to 'mitigate stress'

Westpac New Zealand annual profit falls as expenses rise. Net interest margin increases 15 basis points

Westpac New Zealand annual profit falls as expenses rise. Net interest margin increases 15 basis points

Bank that started the current rate-cutting round in mid-September is back at it again, this time with a one year rate lower than all the main banks

Bank that started the current rate-cutting round in mid-September is back at it again, this time with a one year rate lower than all the main banks

The Red Bank comes back for more, making sure it has two market leading fixed rate terms. It also cuts term deposit rates. The Co-operative Bank cuts both as well

The Red Bank comes back for more, making sure it has two market leading fixed rate terms. It also cuts term deposit rates. The Co-operative Bank cuts both as well

Kiwibank cuts its fixed home loan rates, the last of the majors to move lower in this rate cycle. It now has the lowest fixed six month rate, but me-too for other fixed terms

Kiwibank cuts its fixed home loan rates, the last of the majors to move lower in this rate cycle. It now has the lowest fixed six month rate, but me-too for other fixed terms

Following Tuesday's term deposit rate cuts, BNZ moves to match its main rivals' lowest home loan rate offers for all fixed terms

Following Tuesday's term deposit rate cuts, BNZ moves to match its main rivals' lowest home loan rate offers for all fixed terms

The second largest mortgage bank cuts home loan rates in response to the largest lender's cuts late last week. But some are me-too, some not as good as their main rivals, one dips just -4 bps

The second largest mortgage bank cuts home loan rates in response to the largest lender's cuts late last week. But some are me-too, some not as good as their main rivals, one dips just -4 bps

Bargain hunters being spoiled for choice as a flood of mortgagee sales hits the market

Bargain hunters being spoiled for choice as a flood of mortgagee sales hits the market

ANZ trims fixed rates, but only to levels that make them look good against their main rivals. Some challenger banks have much lower rates. ANZ also pushed through matching term deposit rate cuts

ANZ trims fixed rates, but only to levels that make them look good against their main rivals. Some challenger banks have much lower rates. ANZ also pushed through matching term deposit rate cuts

Bank of China makes the first broad fixed mortgage rate cuts since the October 8 OCR cut. Not to be outdone, ICBC now goes even lower. Will this induce the main banks to move too?

Bank of China makes the first broad fixed mortgage rate cuts since the October 8 OCR cut. Not to be outdone, ICBC now goes even lower. Will this induce the main banks to move too?

ANZ is the first mover after the -50 bps OCR cut, passing on -40 bps to floating rate borrowers, Westpac only passes on -30 bps, ASB & BNZ go -30 bps too. By Kiwibank it is -35 bps

ANZ is the first mover after the -50 bps OCR cut, passing on -40 bps to floating rate borrowers, Westpac only passes on -30 bps, ASB & BNZ go -30 bps too. By Kiwibank it is -35 bps

Latest monthly RBNZ figures show that those taking up new mortgages are watching very closely what the Reserve Bank does - and choosing mortgage options to suit the circumstances

Latest monthly RBNZ figures show that those taking up new mortgages are watching very closely what the Reserve Bank does - and choosing mortgage options to suit the circumstances