Mortgages

Politics now part of house owning assessments

22 May 18, 10:28am

First home buyer affordability little changed in April, but those who bought a first home five years ago may be wise to assess whether it is time to move on and up
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Housing market confidence bounces back

22 May 18, 5:02am

David Hargreaves

112 comments

ASB Housing Confidence Survey finds expectations in the housing market have improved sharply after a post-election slump, and Auckland house price expectations have hit a 12-month high
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Taking a peek at politicians' pecuniary interests

16 May 18, 2:47pm

David Chaston

7 comments

We analyse the MPs exposure to trusts, mortgages, and KiwiSaver. Yes, there are party differences, but some are not as pronounced as you might expect
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The Co-op Bank comes to the party

15 May 18, 5:52pm

David Chaston

Only the major Aussie-owned banks now have a one year fixed home loan rate above 4.30%, as challenger banks set the pace for this popular term
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'People fight harder for a share of a smaller pie'

12 May 18, 9:22am

Gareth Vaughan

58 comments

Housing mortgage rates are more likely to go down rather than up despite increased US dollar funding costs for New Zealand banks
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RBNZ says rate risk equally balanced between up or down

10 May 18, 9:10am

David Hargreaves

24 comments

Reserve Bank leaves Official Cash Rate unchanged at 1.75%; new Governor stresses that the next move could go either way
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More mortgage rate cuts

10 May 18, 9:05am

David Chaston

8 comments

ASB reduces two fixed home loan rates, taking its fixed three year offer to a market leading 4.79%. The Co-operative Bank also trims some rates
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Westpac NZ welcomes chance to 'show differences' between NZ & Australian banking environments

7 May 18, 10:11am

Gareth Vaughan

9 comments

Westpac NZ posts increase in half-year cash earnings as income rises and expenses fall. Net interest margin rises 19 basis points
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BNZ posts 18% increase in interim profit

3 May 18, 10:32am

Gareth Vaughan

1 comment

BNZ half-year profit surges to $490 mln as lower funding costs help boost the bank's net interest margin, new CEO says BNZ is not complacent about the issues emerging from Australia
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'Prolonged period of soft conditions' for housing market

2 May 18, 12:00pm

David Hargreaves

51 comments

Property information and analytics provider CoreLogic sees property transactions remaining constrained for the rest of the year, but doesn't expect a significant drop in volumes or values across the main centres
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'We're sort of in the game and it is quite competitive out there'

2 May 18, 10:51am

Gareth Vaughan

CEO David Hisco says ANZ NZ's lending appetite is 'pretty good for good projects' against a backdrop of reduced market share in home loans & business lending
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ANZ NZ posts record high $964 mln half-year profit

1 May 18, 10:03am

Gareth Vaughan

30 comments

ANZ NZ interim profit climbs 11% to NZ$964 mln as net interest margin rises. Loan impairments rise, revenue growth narrowly ahead of increase in expenses
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Auckland house inventory shrinks again

1 May 18, 5:15am

David Hargreaves

77 comments

Realestate.co.nz monthly figures show Auckland had its lowest number of April month new listings for four years, while Canterbury, Wellington and Hawke's Bay had strong gains in listings
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One up, one down

30 Apr 18, 5:31pm

David Chaston

1 comment

ANZ pulls out of its low one year home loan rate special, settling back into the middle of the pack. But it did reduce its highish two year rate, but to an undistinguished level
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Mortgage borrowing growth rate stable

30 Apr 18, 3:40pm

David Hargreaves

1 comment

The annual growth rate in the amount of mortgage money outstanding remained at 5.8% for the third month in a row, while non-bank lenders are experiencing a perceptible rise in mortgage lending
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'Brakes will go on household debt'

30 Apr 18, 1:42pm

David Hargreaves

11 comments

Westpac economists see Govt policies as acting to rein in household debt and providing scope for the Reserve Bank to further loosen lending restrictions
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First home buyers strong in the market

30 Apr 18, 11:16am

David Hargreaves

63 comments

The amount borrowed by first home buyers topped $900 mln last month - the first time this figure has been reached since the RBNZ started releasing mortgage borrower by type information in 2014
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Who we are borrowing from for home loans

28 Apr 18, 10:55am

David Chaston

8 comments

Whatever way you look at it, ANZ is winning larger mortgage market shares for both home loans and rural mortgages. But challenger banks are also doing better
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It's still doable for most first home buyers

27 Apr 18, 8:38am

David Chaston

219 comments

In 25 of the 30 urban areas we track buying a first home is affordable for a couple on median incomes, but not on Auckland's North Shore - and saving for a deposit remains a challenge
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