Mortgages

Big fall in lower quartile house prices means housing now 'affordable' in much of Auckland

23 Feb 18, 11:30am

Owning a home is now more within reach for first home buyers in Auckland as prices tumble and interest rates remain low
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ANZ increases capital held against NZ mortgages

23 Feb 18, 11:28am

Gareth Vaughan

3 comments

The ANZ Group boosts the capital behind its NZ mortgage book by A$1.5 billion at the behest of APRA
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Kiwibank half-year profit down a third

23 Feb 18, 9:57am

Gareth Vaughan

3 comments

Kiwibank interim profit drops $21 mln to $42 mln after IT impairment and higher expenses, no new permanent CEO yet
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The mortgage rate cuts keep coming

19 Feb 18, 7:39pm

David Chaston

1 comment

SBS Bank launches a market leading 5.55% fixed five year home loan rate while reducing three other fixed rates, the latest bank to cut their mortgage rates
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The mortgage rate challenge broadens

16 Feb 18, 1:48pm

David Chaston

1 comment

TSB opens the low-rate competition to the two-year fixed term with a rate sharply lower than just about everyone else
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Going one further

15 Feb 18, 6:42pm

David Chaston

23 comments

Mortgage rate competition gets fiercer around the fixed one year offer with ASB now offering 4.30% as a carded 'special', below rivals who cut rates earlier in the week
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Upping the ante

14 Feb 18, 8:22pm

David Chaston

Kiwibank matches the (almost) market-leading 4.35% one year home loan rate and adds their $2,000 cash-back offer to qualifying borrowers
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Inflation expectations - including for house prices - rise

14 Feb 18, 3:30pm

David Hargreaves

8 comments

Influential RBNZ Survey of expectations shows anticipated inflation of 2.11% in two years time, up from 2.02% in November; house price inflation expectations rise from a low base; wage rise expectations increase
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ANZ launches a key home loan rate at 4.35%

12 Feb 18, 5:14pm

David Chaston

14 comments

New Zealand's largest mortgage lender makes a relatively unusual move (for them) to price its one year fixed rate below all its main rivals
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Mortgage rate competition intensifies

9 Feb 18, 1:48pm

David Chaston

15 comments

Westpac makes second home loan rate change this week, matches BNZ with 4.39% for one year fixed. Rivals seek new ways to be competitive
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BNZ announces 4.39% fixed for 1 year

8 Feb 18, 12:51pm

David Chaston

8 comments

Hard on the heels of changes by Westpac and TSB earlier in the week, BNZ strikes with a market-leading low one year 'special' home loan rate
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RBNZ unmoved

8 Feb 18, 9:06am

David Hargreaves

39 comments

Reserve Bank leaves Official Cash Rate unchanged at 1.75%; notes rise in house price inflation but sees this moderating over time; revised down economic impact of new Government's measures
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Fresh record high (again) for ASB half-year profit

7 Feb 18, 10:18am

Gareth Vaughan

1 comment

ASB half-year profit rises 13%, pushes $600 mln
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A shift in borrowing patterns

31 Jan 18, 3:36pm

David Hargreaves

32 comments

The rate of growth in mortgage borrowing continues to slow - but consumer borrowing is hitting growth levels last seen 12 years ago
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ASB launches a 4.39% mortgage rate

26 Jan 18, 8:25am

David Chaston

23 comments

New Zealand's second largest home loan lender changes two rates, grabbing a large advantage over its rivals for an 18 month term with a rate lower than just about everyone else
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All fours

21 Jan 18, 7:13am

David Chaston

10 comments

SBS Bank is the first to change a mortgage interest rate in 2018, cutting their one year fixed by -15 bps. TSB has now matched them. Recent wholesale rate rises don't put special upward pressure on most home loan rates
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Good-time Charlies

10 Jan 18, 12:46pm

David Chaston

124 comments

Loans worth almost half the nation's GDP are on interest-only terms. We look at the data behind why the RBNZ has expressed concern over these levels, and who is most vulnerable
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Westpac reveals which regions are paying off mortgages fastest

26 Dec 17, 8:02am

Guest

73 comments

Almost two thirds of Kiwi homeowners with mortgages are an average of eight months ahead of their repayment obligations, but the range is very wide between regions
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