Mortgages
Independent global economic researchers Capital Economics say falls in nominal house prices have been 'modest' in most developed economies and 'almost non-existent' in some others
15th Feb 24, 11:32am
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Independent global economic researchers Capital Economics say falls in nominal house prices have been 'modest' in most developed economies and 'almost non-existent' in some others
[updated]
Falling net interest margin and rising costs push ASB half-year profit lower
14th Feb 24, 10:29am
12
Falling net interest margin and rising costs push ASB half-year profit lower
The Red Bank becomes the first major to break out of the tight range of mortgage rates being offered by the majors, cutting both fixed home loan rates modestly (and term deposit rates by more) even as wholesale rates rise
9th Feb 24, 6:04am
30
The Red Bank becomes the first major to break out of the tight range of mortgage rates being offered by the majors, cutting both fixed home loan rates modestly (and term deposit rates by more) even as wholesale rates rise
Latest Reserve Bank figures indicate New Zealand's home owner-occupiers are increasingly focusing on shorter term fixed mortgage rates - presumably in the assumption that rates will come down sooner rather than later
8th Feb 24, 3:51pm
7
Latest Reserve Bank figures indicate New Zealand's home owner-occupiers are increasingly focusing on shorter term fixed mortgage rates - presumably in the assumption that rates will come down sooner rather than later
Heartland Bank slices its fixed home loan rates with big cuts to all terms, opening up a big differences to main bank rates
8th Feb 24, 8:46am
21
Heartland Bank slices its fixed home loan rates with big cuts to all terms, opening up a big differences to main bank rates
Latest RBNZ figures show non-performing housing loans rose by 78.5% in the past year - but the stress levels are still much lower than they were after the global financial crisis
1st Feb 24, 9:23am
50
Latest RBNZ figures show non-performing housing loans rose by 78.5% in the past year - but the stress levels are still much lower than they were after the global financial crisis
David Hargreaves dives back through from the start of detailed mortgage figures the Reserve Bank has now been producing for 9 years to show a picture of burgeoning first home buyer involvement and mostly shrinking investor participation
31st Jan 24, 11:44am
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David Hargreaves dives back through from the start of detailed mortgage figures the Reserve Bank has now been producing for 9 years to show a picture of burgeoning first home buyer involvement and mostly shrinking investor participation
Latest RBNZ figures show first home buyers picked up over a quarter of the new mortgage monies advanced in December - although it was a slow month overall
30th Jan 24, 11:20am
14
Latest RBNZ figures show first home buyers picked up over a quarter of the new mortgage monies advanced in December - although it was a slow month overall
ASB moves both home loan and term deposit rates lower but only for the less popular longer terms. Still, they can claim a competitive three year home loan rate. But they can't claim unique term deposit offers
25th Jan 24, 9:48am
18
ASB moves both home loan and term deposit rates lower but only for the less popular longer terms. Still, they can claim a competitive three year home loan rate. But they can't claim unique term deposit offers
David Hargreaves wonders whether the belated introduction of debt-to-income ratio controls will be a case of better-late-than-never, or whether they've already missed the proverbial bus
24th Jan 24, 9:59am
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David Hargreaves wonders whether the belated introduction of debt-to-income ratio controls will be a case of better-late-than-never, or whether they've already missed the proverbial bus
Avanti Finance Chairman Glenn Hawkins wants new CEO Fred Ohlsson to 'bring our growth strategy to life'
23rd Jan 24, 7:20am
Avanti Finance Chairman Glenn Hawkins wants new CEO Fred Ohlsson to 'bring our growth strategy to life'
The next bank to trim home loan rates is Westpac. Their adjustments take them into line with their main rivals. But they did make a +10 bps rise to their six month term deposit rate to a somewhat unique level
18th Jan 24, 6:17pm
5
The next bank to trim home loan rates is Westpac. Their adjustments take them into line with their main rivals. But they did make a +10 bps rise to their six month term deposit rate to a somewhat unique level
Latest Reserve Bank figures indicate that New Zealand's home owner-occupiers appear to be betting that interest rates will start coming down again sooner rather than later
17th Jan 24, 11:05am
12
Latest Reserve Bank figures indicate that New Zealand's home owner-occupiers appear to be betting that interest rates will start coming down again sooner rather than later
Both Kiwibank and TSB trim home loan rates to match the big Aussie banks. They also reduce some longer term deposit rates
15th Jan 24, 9:47am
23
Both Kiwibank and TSB trim home loan rates to match the big Aussie banks. They also reduce some longer term deposit rates
The Co-operative Bank becomes the first mover on home loan and term deposit rates in 2024, even if most of its changes mirror those made by the majors at the end of last year
10th Jan 24, 2:49pm
2
The Co-operative Bank becomes the first mover on home loan and term deposit rates in 2024, even if most of its changes mirror those made by the majors at the end of last year
[updated]
BNZ responds to the end of year thin slice to some carded fixed home loan rates by ANZ, making some of its own. But BNZ did not trim its term deposit offers as ANZ did
21st Dec 23, 9:12am
22
BNZ responds to the end of year thin slice to some carded fixed home loan rates by ANZ, making some of its own. But BNZ did not trim its term deposit offers as ANZ did
In a pre-Christmas move, our largest bank trims some key mortgage rates, and some not-so-key term deposit offers. Given where wholesale rates have been trending, this may be the start of a move down across the board
19th Dec 23, 5:55pm
75
In a pre-Christmas move, our largest bank trims some key mortgage rates, and some not-so-key term deposit offers. Given where wholesale rates have been trending, this may be the start of a move down across the board
Mortgage brokers expect new government to have a positive impact on the housing market
13th Dec 23, 9:20am
Mortgage brokers expect new government to have a positive impact on the housing market
Reserve Bank now says 'there may be value in waiting' before removing LVRs, or just easing the restrictions rather than removing them altogether
12th Dec 23, 11:28am
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Reserve Bank now says 'there may be value in waiting' before removing LVRs, or just easing the restrictions rather than removing them altogether
Mortgage brokers on customers' borrowing capacity, refinancing with new lenders and more
12th Dec 23, 9:15am
Mortgage brokers on customers' borrowing capacity, refinancing with new lenders and more
Which banks are the most & least competitive with mortgage interest rates & offers?
11th Dec 23, 9:35am
Which banks are the most & least competitive with mortgage interest rates & offers?
The time it takes lenders to respond has grown in importance for home loan borrowers over the course of the year
8th Dec 23, 10:26am
The time it takes lenders to respond has grown in importance for home loan borrowers over the course of the year
ASB economists estimate that average household living costs will have increased by about $115 a week in 2023 - and with a further $70 hike to come next year, but income rises will probably beat that
7th Dec 23, 10:30am
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ASB economists estimate that average household living costs will have increased by about $115 a week in 2023 - and with a further $70 hike to come next year, but income rises will probably beat that
Latest Reserve Bank figures show 18 month fixed term mortgages are suddenly seeing increased popularity, while one-year terms are becoming less popular
5th Dec 23, 3:49pm
22
Latest Reserve Bank figures show 18 month fixed term mortgages are suddenly seeing increased popularity, while one-year terms are becoming less popular
SBS Bank's consumer lending subsidiary Finance Now lifts lending above $1 billion for the first time
1st Dec 23, 11:38am
SBS Bank's consumer lending subsidiary Finance Now lifts lending above $1 billion for the first time