Mortgages
ANZ and BNZ both change fixed mortgage rates, embedding inverted offerings into their rate cards as wholesale rates shift lower
2nd Feb 23, 8:02am
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ANZ and BNZ both change fixed mortgage rates, embedding inverted offerings into their rate cards as wholesale rates shift lower
RBNZ figures show first home buyers might possibly be hitting the limits of their seemingly boundless enthusiasm, while investors may have just stirred slightly
31st Jan 23, 10:50am
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RBNZ figures show first home buyers might possibly be hitting the limits of their seemingly boundless enthusiasm, while investors may have just stirred slightly
Westpac has reacted to ASB's shift to an inverted mortgage rate card. They too have inverted, and matched ASB at the long end
26th Jan 23, 5:51pm
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Westpac has reacted to ASB's shift to an inverted mortgage rate card. They too have inverted, and matched ASB at the long end
Responding to recent changes in wholesale rate shifts, ASB has adjusted its mortgage rates, lifting some short term rates and cutting longer rates
23rd Jan 23, 8:48am
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Responding to recent changes in wholesale rate shifts, ASB has adjusted its mortgage rates, lifting some short term rates and cutting longer rates
Huge year for non-bank financial institution sector but clouds may be gathering
14th Dec 22, 7:51am
3
Huge year for non-bank financial institution sector but clouds may be gathering
[updated]
Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party
13th Dec 22, 11:08am
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Despite seasonal falls in fruit and vegetable prices, the annual rate of food price inflation increased to 10.7% in November; it's a crisis at the checkout, says National Party
Kiwibank raises fixed home loan rates, adding impetus to key mortgage rates rising to 11-year highs. But no bank has yet followed wholesale rates into an inversion
9th Dec 22, 12:21pm
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Kiwibank raises fixed home loan rates, adding impetus to key mortgage rates rising to 11-year highs. But no bank has yet followed wholesale rates into an inversion
BNZ chooses a lower rate track for its floating and fixed rate offers following last week's 75 basis points RBNZ OCR hike
6th Dec 22, 9:38am
8
BNZ chooses a lower rate track for its floating and fixed rate offers following last week's 75 basis points RBNZ OCR hike
Global banking giant HSBC reviewing its NZ retail banking operations with a sale one option being considered
1st Dec 22, 2:34pm
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Global banking giant HSBC reviewing its NZ retail banking operations with a sale one option being considered
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 5.2% in the year to October, which compares with double digit growth seen at the same time a year ago, and is the slowest rate of growth since 2015
30th Nov 22, 3:45pm
10
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 5.2% in the year to October, which compares with double digit growth seen at the same time a year ago, and is the slowest rate of growth since 2015
[updated]
Mixed in with ANZ's floating mortgage rate & term deposit rate hikes, are chunky fixed mortgage rate hikes too. But wholesale rates influential for fixed home loan rates are falling. Opportunities for borrowers are opening up
30th Nov 22, 12:13pm
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Mixed in with ANZ's floating mortgage rate & term deposit rate hikes, are chunky fixed mortgage rate hikes too. But wholesale rates influential for fixed home loan rates are falling. Opportunities for borrowers are opening up
NZ has a long-running housing crisis, house prices have outstripped incomes since the early 2000s. But more than just housing supply and subsidies, we also need policies to make homes affordable and a long-term, apolitical programme for social housing
29th Nov 22, 2:07pm
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NZ has a long-running housing crisis, house prices have outstripped incomes since the early 2000s. But more than just housing supply and subsidies, we also need policies to make homes affordable and a long-term, apolitical programme for social housing
RBNZ figures show first home buyers had their biggest share of the mortgage money advanced last month since the RBNZ started publishing the detailed information in 2014
24th Nov 22, 3:44pm
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RBNZ figures show first home buyers had their biggest share of the mortgage money advanced last month since the RBNZ started publishing the detailed information in 2014
Reserve Bank increases its projection of how far house prices will fall and says the lower prices and higher interest rates 'are assumed to result in a sustained slowing in household spending, as households feel less wealthy'
23rd Nov 22, 3:41pm
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Reserve Bank increases its projection of how far house prices will fall and says the lower prices and higher interest rates 'are assumed to result in a sustained slowing in household spending, as households feel less wealthy'
In the fourth of a series of articles on bank fees, Matt Skinner looks at the mortgage fees the major banks charge
16th Nov 22, 10:12am
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In the fourth of a series of articles on bank fees, Matt Skinner looks at the mortgage fees the major banks charge
Reserve Bank may apply macro-prudential tools to non-bank deposit takers but isn't concerned about the growth of non-deposit taking lenders
16th Nov 22, 9:44am
Reserve Bank may apply macro-prudential tools to non-bank deposit takers but isn't concerned about the growth of non-deposit taking lenders
Latest quarterly Reserve Bank figures show new mortgage borrowers are gearing themselves up notably less than has been seen in recent years
15th Nov 22, 3:44pm
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Latest quarterly Reserve Bank figures show new mortgage borrowers are gearing themselves up notably less than has been seen in recent years
Negative equity is looming for some home owners – but you only need to worry if you need to sell
14th Nov 22, 11:22am
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Negative equity is looming for some home owners – but you only need to worry if you need to sell
Reserve Bank outlines design plans for tool it could enforce on banks to limit the debt-to-income ratio of home buyers
10th Nov 22, 1:54pm
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Reserve Bank outlines design plans for tool it could enforce on banks to limit the debt-to-income ratio of home buyers
CEO Dan Huggins says BNZ's conservative approach to housing lending means borrowers are handling mortgage rate increases well so far
10th Nov 22, 7:52am
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CEO Dan Huggins says BNZ's conservative approach to housing lending means borrowers are handling mortgage rate increases well so far
David Hargreaves says as the Reserve Bank is forced to raise the Official Cash Rate higher than it intended, the stakes also get higher for our economy
9th Nov 22, 11:07am
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David Hargreaves says as the Reserve Bank is forced to raise the Official Cash Rate higher than it intended, the stakes also get higher for our economy
[updated]
BNZ annual profit tops $1.4 billion as income, lending and net interest margins rise. Completes quadruple of record annual profit for big 4 banks
9th Nov 22, 10:38am
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BNZ annual profit tops $1.4 billion as income, lending and net interest margins rise. Completes quadruple of record annual profit for big 4 banks
[updated]
Westpac NZ annual profit tops $1 billion helped by gain from sale of Westpac Life & impairment write-backs
7th Nov 22, 10:25am
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Westpac NZ annual profit tops $1 billion helped by gain from sale of Westpac Life & impairment write-backs
Headlines warn of grim times as interest rates jump and house prices fall, but actually, households, banks and firms are in rude health
2nd Nov 22, 8:10pm
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Headlines warn of grim times as interest rates jump and house prices fall, but actually, households, banks and firms are in rude health
We seem to be taking eye-watering rises in mortgage interest rates in our stride - but are we really? David Hargreaves tries to assess where we are with the rising interest rate 'cycle' and whether there is more trouble ahead
2nd Nov 22, 8:06am
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We seem to be taking eye-watering rises in mortgage interest rates in our stride - but are we really? David Hargreaves tries to assess where we are with the rising interest rate 'cycle' and whether there is more trouble ahead