Mortgages
Kiwibank offers 'special limited time' 1-year fixed mortgage rate of 4.89%
Value of fixed mortgages moved back above 50% of total in May, just 13 months after a record high 63% was floating
4th Jun 13, 4:23pm
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Value of fixed mortgages moved back above 50% of total in May, just 13 months after a record high 63% was floating
Lower expenses, impairment turn around sees HSBC NZ post 16% rise in 1st quarter profit to $14.6 mln
4th Jun 13, 4:14pm
Lower expenses, impairment turn around sees HSBC NZ post 16% rise in 1st quarter profit to $14.6 mln
TSB boss says any credit rating downgrade wouldn't be a fair reflection of the bank's 'exceptional' performance
31st May 13, 4:17pm
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TSB boss says any credit rating downgrade wouldn't be a fair reflection of the bank's 'exceptional' performance
RBNZ seen as keen to 'throw the kitchen sink' at heated housing market and an announcement on LVR limits might be just 'days away' BNZ says
30th May 13, 4:32pm
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RBNZ seen as keen to 'throw the kitchen sink' at heated housing market and an announcement on LVR limits might be just 'days away' BNZ says
NZ's big five banks have almost NZ$11 billion worth of covered bonds on issue
30th May 13, 4:01pm
NZ's big five banks have almost NZ$11 billion worth of covered bonds on issue
Kiwibank on track for record annual profit for second straight year
ANZ records strongest March quarter residential mortgage growth by volume, ASB posts largest percentage increase
29th May 13, 12:30pm
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ANZ records strongest March quarter residential mortgage growth by volume, ASB posts largest percentage increase
ASB offers 4.95% 1-year mortgage rate; Westpac offers 4.94%; Both target borrowers with deposit/equity worth at least 20% of loan
28th May 13, 9:39am
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ASB offers 4.95% 1-year mortgage rate; Westpac offers 4.94%; Both target borrowers with deposit/equity worth at least 20% of loan
BNZ grows March quarter residential mortgage lending by NZ$455 mln with 35% of growth in high LVR lending
27th May 13, 4:12pm
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BNZ grows March quarter residential mortgage lending by NZ$455 mln with 35% of growth in high LVR lending
ASB retail head Ian Park says ASB's surge in high LVR residential mortgage lending being 'encouraged' by borrowers using KiwiSaver money towards a deposit
27th May 13, 9:29am
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ASB retail head Ian Park says ASB's surge in high LVR residential mortgage lending being 'encouraged' by borrowers using KiwiSaver money towards a deposit
ANZ drops 1-year mortgage rate by 24 basis points to 4.95% as part of new banking package
24th May 13, 12:06pm
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ANZ drops 1-year mortgage rate by 24 basis points to 4.95% as part of new banking package
Westpac grows March quarter home loans by NZ$571 mln with 92% of growth coming through loans with LVRs below 80%
23rd May 13, 4:32pm
Westpac grows March quarter home loans by NZ$571 mln with 92% of growth coming through loans with LVRs below 80%
With its latest 'special' mortgage offer not standing out from the pack, Kiwibank won't rule out joining the give-away party
17th May 13, 4:19pm
With its latest 'special' mortgage offer not standing out from the pack, Kiwibank won't rule out joining the give-away party
ASB grows home loans by NZ$791 mln in March quarter with 71% of growth in loans where borrower has less than 20% equity
16th May 13, 9:24pm
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ASB grows home loans by NZ$791 mln in March quarter with 71% of growth in loans where borrower has less than 20% equity
Finance Minister Bill English says RBNZ Governor Graeme Wheeler will decide if, and when, to use new tools designed to dampen excessive growth in credit and asset prices
16th May 13, 3:01pm
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Finance Minister Bill English says RBNZ Governor Graeme Wheeler will decide if, and when, to use new tools designed to dampen excessive growth in credit and asset prices
Kiwibank drops 2-year mortgage rate by 26 basis points to 4.99%
Parent Commonwealth Bank of Australia says the pace of ASB's residential mortgage and business lending growth remained above overall market growth in the March quarter
15th May 13, 11:01am
Parent Commonwealth Bank of Australia says the pace of ASB's residential mortgage and business lending growth remained above overall market growth in the March quarter
Banks shift the fight for new mortgage business away from 'low rates' to up-front incentive offers
13th May 13, 8:58am
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Banks shift the fight for new mortgage business away from 'low rates' to up-front incentive offers
BNZ CEO Andrew Thorburn questions whether the big banks holding more capital against high LVR home loans will address the key problems in the housing market
10th May 13, 3:33pm
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BNZ CEO Andrew Thorburn questions whether the big banks holding more capital against high LVR home loans will address the key problems in the housing market
Reserve Bank suggests it's not keen on exempting first home buyers from any LVR caps on home loans, nor on targeting LVR restrictions at regions
9th May 13, 4:43pm
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Reserve Bank suggests it's not keen on exempting first home buyers from any LVR caps on home loans, nor on targeting LVR restrictions at regions
Reserve Bank's move to make the big four banks hold more capital against housing loans adds up to NZ$125 mln on average for each of them
9th May 13, 3:04pm
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Reserve Bank's move to make the big four banks hold more capital against housing loans adds up to NZ$125 mln on average for each of them
RBNZ to force banks to hold more capital to back high LVR mortgages from Sept 30; says will result in average increase in capital for housing of 12%
8th May 13, 9:10am
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RBNZ to force banks to hold more capital to back high LVR mortgages from Sept 30; says will result in average increase in capital for housing of 12%
CEO Peter Clare 'comfortable' with Westpac NZ's risk settings in housing market as 'volatility' increases
6th May 13, 4:27pm
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CEO Peter Clare 'comfortable' with Westpac NZ's risk settings in housing market as 'volatility' increases
BNZ introduces new advertised one-year mortgage rate undercutting rivals, but borrowers require 20% equity
6th May 13, 9:34am
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BNZ introduces new advertised one-year mortgage rate undercutting rivals, but borrowers require 20% equity