Mortgages
[updated]
RBNZ says the risks to financial stability posed by high-LVR lending have reduced to a level where the current restrictions may be unnecessarily reducing efficiency
26th Apr 23, 9:20am
117
RBNZ says the risks to financial stability posed by high-LVR lending have reduced to a level where the current restrictions may be unnecessarily reducing efficiency
Banks say many of their borrowers are ahead of schedule on home loan repayments but tougher times are ahead
25th Apr 23, 9:00am
97
Banks say many of their borrowers are ahead of schedule on home loan repayments but tougher times are ahead
The country's banks are telling the Reserve Bank that borrower sentiment 'will likely tend towards more caution' due to the fast-changing housing market conditions
24th Apr 23, 12:06pm
66
The country's banks are telling the Reserve Bank that borrower sentiment 'will likely tend towards more caution' due to the fast-changing housing market conditions
Sagarika Mishra says you can’t beat the bank by paying $1 a day extra on your mortgage. Here’s how compound interest really works
22nd Apr 23, 9:20am
17
Sagarika Mishra says you can’t beat the bank by paying $1 a day extra on your mortgage. Here’s how compound interest really works
[updated]
ASB makes home loan and term deposit changes, but leaves its floating mortgage rate unchanged. The timid changes reflect a timid housing loan market
19th Apr 23, 9:34am
4
ASB makes home loan and term deposit changes, but leaves its floating mortgage rate unchanged. The timid changes reflect a timid housing loan market
[updated]
First ANZ and now Westpac have moved up on many home loan rates following the OCR hike - but Westpac has cut some longer fixed rates, and quite hard
13th Apr 23, 4:27pm
35
First ANZ and now Westpac have moved up on many home loan rates following the OCR hike - but Westpac has cut some longer fixed rates, and quite hard
Mortgage rates were unmoved by the RBNZ’s big hike as traders bet any increase now will be matched with a cut later
12th Apr 23, 9:54am
15
Mortgage rates were unmoved by the RBNZ’s big hike as traders bet any increase now will be matched with a cut later
Reserve Bank provides an example of how debt-to-income ratio restrictions could be calculated
4th Apr 23, 9:30am
16
Reserve Bank provides an example of how debt-to-income ratio restrictions could be calculated
Reserve Bank details rules for income, debt, 'complex lending' & more in its debt-to-income restrictions
4th Apr 23, 9:29am
Reserve Bank details rules for income, debt, 'complex lending' & more in its debt-to-income restrictions
The Reserve Bank says the potential benefits of DTI restrictions would significantly outweigh banks' costs
3rd Apr 23, 4:07pm
70
The Reserve Bank says the potential benefits of DTI restrictions would significantly outweigh banks' costs
ASB follows rivals with mortgage rate cuts in a home loan market walking on eggshells, one that hasn't fired any shots in a season dominated by low real estate sales transaction levels
20th Mar 23, 9:18am
42
ASB follows rivals with mortgage rate cuts in a home loan market walking on eggshells, one that hasn't fired any shots in a season dominated by low real estate sales transaction levels
David Hargreaves has a bit of a dive back through the detailed mortgage figures that the Reserve Bank has now been producing for eight years
9th Mar 23, 8:30am
45
David Hargreaves has a bit of a dive back through the detailed mortgage figures that the Reserve Bank has now been producing for eight years
BNZ chief economist Mike Jones says significant mortgage rate relief is unlikely this year and he's 'not confident' the housing market can 'right itself' till it is clear mortgage rates have stopped rising
6th Mar 23, 10:05am
16
BNZ chief economist Mike Jones says significant mortgage rate relief is unlikely this year and he's 'not confident' the housing market can 'right itself' till it is clear mortgage rates have stopped rising
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 4.1% in the 12 months to January, the slowest annual rate of growth in exactly 10 years
28th Feb 23, 4:11pm
11
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 4.1% in the 12 months to January, the slowest annual rate of growth in exactly 10 years
[updated]
Latest Reserve Bank mortgage figures for January - while numerically hitting all kinds of record lows - actually suggest a slight uptick from December on a seasonally-adjusted basis
27th Feb 23, 10:59am
47
Latest Reserve Bank mortgage figures for January - while numerically hitting all kinds of record lows - actually suggest a slight uptick from December on a seasonally-adjusted basis
CEO Steve Jurkovich suggests mortgage brokers could one day originate 85% of Kiwibank's home loans
24th Feb 23, 1:30pm
2
CEO Steve Jurkovich suggests mortgage brokers could one day originate 85% of Kiwibank's home loans
[updated]
Jump in net interest income pushes Kiwibank's half-year profit to almost $100 million
23rd Feb 23, 9:22am
13
Jump in net interest income pushes Kiwibank's half-year profit to almost $100 million
Latest quarterly Reserve Bank figures show that the country's new mortgage borrowers are stretching themselves much less than has been seen in recent years in regards to the amount of debt they are taking on relative to income
20th Feb 23, 10:19am
55
Latest quarterly Reserve Bank figures show that the country's new mortgage borrowers are stretching themselves much less than has been seen in recent years in regards to the amount of debt they are taking on relative to income
CEO Vittoria Shortt says ASB's assisting customers by 'passing on pricing movements faster and in greater quantum' on term deposits than loans
16th Feb 23, 12:04pm
9
CEO Vittoria Shortt says ASB's assisting customers by 'passing on pricing movements faster and in greater quantum' on term deposits than loans
[updated]
ASB interim profit jumps 10% to fresh record high as it highlights 'challenging' year for home loan customers
15th Feb 23, 10:50am
34
ASB interim profit jumps 10% to fresh record high as it highlights 'challenging' year for home loan customers
The next major challenge the Reserve Bank faces is convincing everyone that once interest rates hit peak highs they won't start falling rapidly again
12th Feb 23, 6:00am
128
The next major challenge the Reserve Bank faces is convincing everyone that once interest rates hit peak highs they won't start falling rapidly again
Only a decade ago more than half the country's mortgages were on floating rates, now the amounts on floating rates has dwindled to record lows
9th Feb 23, 12:38pm
7
Only a decade ago more than half the country's mortgages were on floating rates, now the amounts on floating rates has dwindled to record lows
David Hargreaves has a trawl through some of the RBNZ's mortgage data to see how homeowners are reacting to rising rates a year and a half into a rising mortgage rate environment
9th Feb 23, 9:33am
37
David Hargreaves has a trawl through some of the RBNZ's mortgage data to see how homeowners are reacting to rising rates a year and a half into a rising mortgage rate environment
[updated]
Westpac the latest big bank to cut fixed home loan rates as wholesale rates turn back up. In this confusing mortgage market haggle with your bank
8th Feb 23, 10:41am
7
Westpac the latest big bank to cut fixed home loan rates as wholesale rates turn back up. In this confusing mortgage market haggle with your bank
BNZ returns with more home loan rate reductions, a day after their first set of changes. These come as wholesale markets shift their bets to lower levels, mainly on international influences
3rd Feb 23, 9:43am
28
BNZ returns with more home loan rate reductions, a day after their first set of changes. These come as wholesale markets shift their bets to lower levels, mainly on international influences