Mortgages
Heartland Bank's latest rise in its carded fixed home loan rates still leaves it with some of the lowest rates in the market. The approaching May selling period is the last main chance for banks to meet their lending targets this budget year
24th Apr 24, 10:25am
10
Heartland Bank's latest rise in its carded fixed home loan rates still leaves it with some of the lowest rates in the market. The approaching May selling period is the last main chance for banks to meet their lending targets this budget year
RBNZ unleashes its inevitable push back after Commerce Commission recommended a rethink of banks' regulatory capital rules
23rd Apr 24, 9:58am
4
RBNZ unleashes its inevitable push back after Commerce Commission recommended a rethink of banks' regulatory capital rules
Commerce and Consumer Affairs Minister Andrew Bayly details easier access to loans and changes to financial dispute resolution services
22nd Apr 24, 7:29am
26
Commerce and Consumer Affairs Minister Andrew Bayly details easier access to loans and changes to financial dispute resolution services
Challenger bank SBS jumps into the mortgage market with a big splash, aiming to snare an outsized share of deals as the real estate market winds down for the summer/autumn season
19th Apr 24, 3:18pm
18
Challenger bank SBS jumps into the mortgage market with a big splash, aiming to snare an outsized share of deals as the real estate market winds down for the summer/autumn season
As the real estate selling season tails off, two banks trim a key home loan rate just before the RBNZ does its review, and markets turn sceptical rate cuts are imminent
8th Apr 24, 9:08am
39
As the real estate selling season tails off, two banks trim a key home loan rate just before the RBNZ does its review, and markets turn sceptical rate cuts are imminent
RBNZ figures show further rises in troubled housing loans, while SME loan stress is increasing sharply, non-performing commercial property loans have gone past half a billion dollars and system-wide non-performing loans have topped $4 billion
2nd Apr 24, 6:21pm
97
RBNZ figures show further rises in troubled housing loans, while SME loan stress is increasing sharply, non-performing commercial property loans have gone past half a billion dollars and system-wide non-performing loans have topped $4 billion
It helps to use a mortgage calculator that can handle a range of realistic options and solve for the answers you actually need, when your budget gets tight
2nd Apr 24, 9:35am
It helps to use a mortgage calculator that can handle a range of realistic options and solve for the answers you actually need, when your budget gets tight
Squirrel's David Cunningham argues the Reserve Bank should start cutting interest rates on April 10
31st Mar 24, 8:00am
188
Squirrel's David Cunningham argues the Reserve Bank should start cutting interest rates on April 10
HSBC NZ books loss on sale of mortgage portfolio to Pepper Money, impairs goodwill
27th Mar 24, 9:05am
HSBC NZ books loss on sale of mortgage portfolio to Pepper Money, impairs goodwill
Latest mortgage figures from the Reserve Bank show that for February there was a seasonally-adjusted rise of 4% in borrowing, while the latest figures are up some 28% on the dire February 2023 figures
26th Mar 24, 3:54pm
39
Latest mortgage figures from the Reserve Bank show that for February there was a seasonally-adjusted rise of 4% in borrowing, while the latest figures are up some 28% on the dire February 2023 figures
Commerce Commission Chairman John Small on what the market for personal banking services could look like in five years' time
24th Mar 24, 7:00am
15
Commerce Commission Chairman John Small on what the market for personal banking services could look like in five years' time
[updated]
Boosting small banks' capital, speeding up open banking & improved bank switching among Commerce Commission recommendations to boost bank competition
21st Mar 24, 8:41am
33
Boosting small banks' capital, speeding up open banking & improved bank switching among Commerce Commission recommendations to boost bank competition
[updated]
Even though they are small and not market-leading, ASB has made a third set of home loan rate reductions to ensure it remains competitive with its main home loan rivals. And it has cut TD rates too
11th Mar 24, 8:32am
25
Even though they are small and not market-leading, ASB has made a third set of home loan rate reductions to ensure it remains competitive with its main home loan rivals. And it has cut TD rates too
Reserve Bank figures are showing rising levels of non-performing housing loans. What we all want to know is whether we are now seeing the full extent of the pressure caused by high interest rates - or whether the problems may be just starting
10th Mar 24, 6:00am
147
Reserve Bank figures are showing rising levels of non-performing housing loans. What we all want to know is whether we are now seeing the full extent of the pressure caused by high interest rates - or whether the problems may be just starting
Latest Reserve Bank figures show that in January some 76% of new owner-occupier borrowers fixed for terms of just 18 months or less
7th Mar 24, 3:48pm
17
Latest Reserve Bank figures show that in January some 76% of new owner-occupier borrowers fixed for terms of just 18 months or less
Despite another bank trimming home loan rates, the range of rates among all banks is narrowing for the most competitive terms. BNZ matches its latest cut with term deposit reductions
6th Mar 24, 8:58am
13
Despite another bank trimming home loan rates, the range of rates among all banks is narrowing for the most competitive terms. BNZ matches its latest cut with term deposit reductions
It looks like this is moving week for both home loan and term deposit rates, following the RBNZ MPS. ANZ the next to cut retail rates although the changes are not major
4th Mar 24, 8:46am
31
It looks like this is moving week for both home loan and term deposit rates, following the RBNZ MPS. ANZ the next to cut retail rates although the changes are not major
[updated]
Soon after its 18 month mortgage rate cut last week, ASB trims its one and two year home loan rates. And tweaks up its 6 month term deposit rate slightly
4th Mar 24, 8:02am
11
Soon after its 18 month mortgage rate cut last week, ASB trims its one and two year home loan rates. And tweaks up its 6 month term deposit rate slightly
Latest RBNZ figures show non-performing housing loans rose by $161 million in January and have increased by $721 million over the past 12 months; non-performing housing loan ratio hits a 10-year-high
29th Feb 24, 4:11pm
66
Latest RBNZ figures show non-performing housing loans rose by $161 million in January and have increased by $721 million over the past 12 months; non-performing housing loan ratio hits a 10-year-high
Latest mortgage figures from the Reserve Bank suggest first home buyers might have reached their limit in terms of market share, while investors might be showing some signs of life
28th Feb 24, 10:26am
14
Latest mortgage figures from the Reserve Bank suggest first home buyers might have reached their limit in terms of market share, while investors might be showing some signs of life
Mortgage calculators come in many styles, but it is best to use one that can handle multiple options and solve for the answers you need when family budgets get tight
28th Feb 24, 8:21am
1
Mortgage calculators come in many styles, but it is best to use one that can handle multiple options and solve for the answers you need when family budgets get tight
Westpac says its customers are spending just 3.4% more than a year ago, while the population has grown 2.8% and retail prices have increased about 4%; customers with mortgages particularly spending less
27th Feb 24, 11:45am
5
Westpac says its customers are spending just 3.4% more than a year ago, while the population has grown 2.8% and retail prices have increased about 4%; customers with mortgages particularly spending less
ASB cuts 18 month fixed home loan rate by 26 basis points, ahead of the Reserve Bank's OCR decision, and in the face of a stuttering real estate market
27th Feb 24, 7:56am
23
ASB cuts 18 month fixed home loan rate by 26 basis points, ahead of the Reserve Bank's OCR decision, and in the face of a stuttering real estate market
CEO Steve Jurkovich says Kiwibank's margins have been stable as it grows home lending in weak market
23rd Feb 24, 10:03am
CEO Steve Jurkovich says Kiwibank's margins have been stable as it grows home lending in weak market
[updated]
Kiwibank interim profit up 7% as home lending and net interest income increase. CEO Steve Jurkovich says reduction in surplus income main reason for customers who are struggling
22nd Feb 24, 9:39am
5
Kiwibank interim profit up 7% as home lending and net interest income increase. CEO Steve Jurkovich says reduction in surplus income main reason for customers who are struggling