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Mortgages

Borrowers continue move back to fixed-term mortgages in June with value of floating mortgages down more than NZ$4.5 bln in two months
1st Aug 12, 4:05pm
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Borrowers continue move back to fixed-term mortgages in June with value of floating mortgages down more than NZ$4.5 bln in two months
'Official bank of the NZ Olympic Team' shaves 31 bps off its fixed rate mortgage until the next Olympics
27th Jul 12, 5:40pm
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'Official bank of the NZ Olympic Team' shaves 31 bps off its fixed rate mortgage until the next Olympics
Mortgage specials with strings attached may be here to stay as banks price home loans based on risk
20th Jul 12, 4:05pm
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Mortgage specials with strings attached may be here to stay as banks price home loans based on risk
New BNZ 4-year fixed mortgage interest rate undercuts rivals
17th Jul 12, 9:26am
New BNZ 4-year fixed mortgage interest rate undercuts rivals
ASB increases one and three year mortgage rates by 20 and 15 basis points respectively
13th Jul 12, 9:38am
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ASB increases one and three year mortgage rates by 20 and 15 basis points respectively
Perpetual places Mortgage Fund in moratorium after surge in redemptions in wake of FMA legal action over related party loans
12th Jul 12, 9:19am
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Perpetual places Mortgage Fund in moratorium after surge in redemptions in wake of FMA legal action over related party loans
State owned Kiwibank buys the 24% of New Zealand Home Loans it didn't already own to take full ownership of Hamilton-based mortgage broker
9th Jul 12, 9:21am
State owned Kiwibank buys the 24% of New Zealand Home Loans it didn't already own to take full ownership of Hamilton-based mortgage broker
ASB hikes its 6-month and 18-month fixed term mortgage rates by 34 and 15 basis points, respectively
7th Jul 12, 9:04am
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ASB hikes its 6-month and 18-month fixed term mortgage rates by 34 and 15 basis points, respectively
ANZ NZ retail boss Kerri Thompson says next major moves in fixed-term mortgage rates may be up
5th Jul 12, 4:38pm
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ANZ NZ retail boss Kerri Thompson says next major moves in fixed-term mortgage rates may be up
Highest weekly value of mortgage approvals, at NZ$1.361 bln, approved last week since March 2007
5th Jul 12, 4:00pm
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Highest weekly value of mortgage approvals, at NZ$1.361 bln, approved last week since March 2007
Kiwibank launches 4.99% fixed 6-month mortgage 'special offer', borrowers must have at least 30% equity
5th Jul 12, 11:37am
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Kiwibank launches 4.99% fixed 6-month mortgage 'special offer', borrowers must have at least 30% equity
Bank fixed-term mortgage rate cuts drive move by customers away from floating mortgages and back to fixed-term loans, Reserve Bank data shows
2nd Jul 12, 3:57pm
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Bank fixed-term mortgage rate cuts drive move by customers away from floating mortgages and back to fixed-term loans, Reserve Bank data shows
ASB cuts five-year mortgage rate 51 basis points to 5.99% in 'Olympic special'
2nd Jul 12, 2:07pm
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ASB cuts five-year mortgage rate 51 basis points to 5.99% in 'Olympic special'
SBS Bank staying out of price wars with CEO Ross Smith saying if you attract customers on price you'll lose them on price
28th Jun 12, 4:36pm
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SBS Bank staying out of price wars with CEO Ross Smith saying if you attract customers on price you'll lose them on price
Kiwibank hires Barclays to arrange covered bond programme, could borrow around NZ$1 billion through covered bonds
19th Jun 12, 4:17pm
Kiwibank hires Barclays to arrange covered bond programme, could borrow around NZ$1 billion through covered bonds
Recent fixed-term mortgage rate cuts evidence banks' are well funded and 'reasonably comfortable' with funding cost pressure, RBNZ says
15th Jun 12, 4:18pm
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Recent fixed-term mortgage rate cuts evidence banks' are well funded and 'reasonably comfortable' with funding cost pressure, RBNZ says
Banking Ombudsman tells customers banks aren't obliged to reduce or waive break fees as she starts getting complaints
14th Jun 12, 2:47pm
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Banking Ombudsman tells customers banks aren't obliged to reduce or waive break fees as she starts getting complaints
Banks paying break fees to win residential mortgage customers over from other banks in 'incredibly aggressive' market
13th Jun 12, 4:28pm
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Banks paying break fees to win residential mortgage customers over from other banks in 'incredibly aggressive' market
Bucking recent trend, BNZ lifts 18-month mortgage rate by 45 basis points to 5.55%
13th Jun 12, 12:13pm
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Bucking recent trend, BNZ lifts 18-month mortgage rate by 45 basis points to 5.55%
RaboDirect's new GM calls on other banks to be more transparent with their savings accounts
8th Jun 12, 8:12pm
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RaboDirect's new GM calls on other banks to be more transparent with their savings accounts
Recent rounds of term deposit and mortgage rate cuts see SBS Bank scrub up well
8th Jun 12, 4:10pm
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Recent rounds of term deposit and mortgage rate cuts see SBS Bank scrub up well
Have banks been more generous to borrowers in their mortgage rate cuts or slugged savers harder with cuts to term deposit rates?
6th Jun 12, 4:23pm
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Have banks been more generous to borrowers in their mortgage rate cuts or slugged savers harder with cuts to term deposit rates?
With growing media clamour for customers to haggle with banks, Westpac CEO says local bank managers are 'empowered to make decisions within guidelines'
6th Jun 12, 4:13pm
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With growing media clamour for customers to haggle with banks, Westpac CEO says local bank managers are 'empowered to make decisions within guidelines'
Kiwibank closes in on record annual profit after strong March quarter
5th Jun 12, 4:31pm
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Kiwibank closes in on record annual profit after strong March quarter
TSB ups the ante in mortgage battle, cuts 2 year mortgage rate to 5.3% from 5.5%; TSB now has lowest 1 yr and 2 yr fixed rates
5th Jun 12, 1:10pm
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TSB ups the ante in mortgage battle, cuts 2 year mortgage rate to 5.3% from 5.5%; TSB now has lowest 1 yr and 2 yr fixed rates