Mortgages

TSB makes dramatic new 3yr fixed home loan offer

21 Oct 17, 10:54am

Just as HSBC ends its 3.87% one year 'special, TSB offers a market-leading new 4.79% three year fixed mortgage rate, significantly lower than all its rivals
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Housing costs outstripped income rises in past 10 years

19 Oct 17, 11:29am

David Hargreaves

45 comments

Statistics New Zealand says housing costs increased 50.5% in the past decade, while household income rose just 42%
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Delays a concern for housing market

18 Oct 17, 2:37pm

David Hargreaves

23 comments

With no current Government and no permanent Reserve Bank Governor, there's potential for important decisions regarding housing to be left late
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Housing investors' meth problems

16 Oct 17, 11:40am

David Hargreaves

13 comments

Latest ANZ residential property survey finds sharp spike in concern over meth contamination and over LVR restrictions
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Warning for Australia's 'investor and interest-only mortgage culture'

16 Oct 17, 10:44am

Gareth Vaughan

Aussie parents of NZ's big 4 banks seen facing increased risk of mis-selling claims as interest-only mortgage borrowers come under pressure
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Hot new three year fixed mortgage rate

13 Oct 17, 8:58am

David Chaston

38 comments

Westpac launches 4.94% three year fixed home loan rate, lower than all its main rivals, nearly as low as HSBC's three-year 'Premier' rate
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Aussie mortgage growth seen slowing to 4% next year

11 Oct 17, 10:19am

Gareth Vaughan

ANZ customers have the highest average loan to income ratio among Australia's banks, Morgan Stanley reveals
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How slow is slow enough?

4 Oct 17, 12:50pm

David Hargreaves

14 comments

As the rate of mortgage borrowing growth continues to slow sharply, David Hargreaves ponders on what level of growth the RBNZ would be content with
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Game on. More mortgage offers

3 Oct 17, 6:05am

David Chaston

10 comments

ASB targets a low 4.39% one year rate opening up a significant advantage over its main rivals. Kiwibank avoids rate changes, offers a free Samoa holiday with every qualifying loan
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HSBC launches a 3.87% 18mth home loan rate

2 Oct 17, 7:26am

David Chaston

48 comments

A new sub-4% mortgage rate is launched to fire up a flagging Spring selling season. This hot new rate comes just as wholesale rates start to move up again
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The RBNZ's LVR policy 'may have overcooked things'

29 Sep 17, 10:02am

Gareth Vaughan

65 comments

ANZ's Cameron Bagrie suggests the RBNZ may start easing its LVR restrictions from mid-2018, sees concerns for residential property developers & competition for deposits easing
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RBNZ's view largely unchanged

28 Sep 17, 9:09am

David Hargreaves

8 comments

Reserve Bank leaves Official Cash Rate unchanged at 1.75%; reiterates view that monetary policy will remain accommodative for a considerable period; notes recent construction sector weakness
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Spring season home loan rates

28 Sep 17, 5:38am

David Chaston

9 comments

We review the mortgage market post election and in the middle of the Spring selling season, one characterised by limp demand and quiet activity. Good mortgage rate deals may be available
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Four years of LVRs

27 Sep 17, 3:47pm

David Hargreaves

7 comments

The Reserve Bank's loan to value lending restrictions are about to 'celebrate' their fourth birthday. But with the wind changing in the Government and a new RBNZ Governor to appoint, will there be a fifth?
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Housing investors remain sidelined

27 Sep 17, 11:33am

David Hargreaves

19 comments

New Reserve Bank figures show borrowing by investors for house purchases last month made up just 22% of the total, compared with about 35% in the months before tighter LVR rules were applied
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ANZ drops two rates

18 Sep 17, 5:40pm

David Chaston

7 comments

New Zealand's largest home loan lender has reduced two of its 'special' fixed mortgage rates, following SBS Bank. But BNZ raises a key rate
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Big 5 banks lift combined June quarter profit

15 Sep 17, 11:17am

Gareth Vaughan

Average June quarter net interest margin, cost of funds drops across New Zealand's big five banks
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Margins squeezed at TSB, SBS & Co-operative banks

8 Sep 17, 4:24pm

Gareth Vaughan

Strong lending growth continues at three NZ owned banks but profit takes a hit at two of them
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Household debt pile helped by low interest rates

6 Sep 17, 4:12pm

David Hargreaves

78 comments

Kiwis' debt continues to dwarf household disposable income, but courtesy of the low interest rates this debt is still being comfortably serviced
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ASB drops most fixed mortgage rates

1 Sep 17, 10:48am

David Chaston

12 comments

ASB takes -10 bps and -20 bps off most fixed mortgage rates, taking its 18 month 'special' to a market leading low. Westpac also trims a key rate (and cuts two term deposit rates)
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