rising interest rates
Kiwibank the slowest major bank to cut floating mortgage rates as the OCR falls, while ASB takes first place for the fastest bank to hike those rates when the OCR rose
27th Mar 25, 9:48am
Kiwibank the slowest major bank to cut floating mortgage rates as the OCR falls, while ASB takes first place for the fastest bank to hike those rates when the OCR rose
'We see recent falls in mortgage rates as more about preventing a deeper correction in house prices than providing the fuel for an immediate lurch higher'
28th Aug 24, 8:50am
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'We see recent falls in mortgage rates as more about preventing a deeper correction in house prices than providing the fuel for an immediate lurch higher'
Now that interest rates are officially on the way down, David Hargreaves has a crunch of some numbers that might help us to determine when the economy will pick up again
25th Aug 24, 6:30am
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Now that interest rates are officially on the way down, David Hargreaves has a crunch of some numbers that might help us to determine when the economy will pick up again
BNZ's chief economist says mortgage holders have shortened up the terms of their fixed-rate borrowing 'much more so' than before previous Official Cash Rate easing cycles
1st Aug 24, 10:54am
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BNZ's chief economist says mortgage holders have shortened up the terms of their fixed-rate borrowing 'much more so' than before previous Official Cash Rate easing cycles
Latest mortgage figures from the Reserve Bank show that the 14,590 new mortgages in June 2024 was the lowest total for this month since the detailed data began in 2015
25th Jul 24, 10:47am
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Latest mortgage figures from the Reserve Bank show that the 14,590 new mortgages in June 2024 was the lowest total for this month since the detailed data began in 2015
Latest Reserve Bank mortgage figures show while housing investors are not exactly piling back into the market, they are at least starting to sit up and pay attention
28th May 24, 4:07pm
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Latest Reserve Bank mortgage figures show while housing investors are not exactly piling back into the market, they are at least starting to sit up and pay attention
BNZ economists now expect house prices to rise just 2% in 2024, down from an earlier forecast of 5% and say even the latest lower forecast has 'downside risk'
23rd May 24, 11:16am
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BNZ economists now expect house prices to rise just 2% in 2024, down from an earlier forecast of 5% and say even the latest lower forecast has 'downside risk'
Westpac NZ CEO Catherine McGrath says home loan borrowers holding up better than expected, less than a quarter now on an interest rate below 5%
7th May 24, 9:27am
Westpac NZ CEO Catherine McGrath says home loan borrowers holding up better than expected, less than a quarter now on an interest rate below 5%
Household living costs rise 6.2% as interest payments, the cost of insurance & transport costs such as petrol climb, Statistics NZ says
29th Apr 24, 1:44pm
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Household living costs rise 6.2% as interest payments, the cost of insurance & transport costs such as petrol climb, Statistics NZ says
Latest mortgage figures from the Reserve Bank show that for February there was a seasonally-adjusted rise of 4% in borrowing, while the latest figures are up some 28% on the dire February 2023 figures
26th Mar 24, 3:54pm
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Latest mortgage figures from the Reserve Bank show that for February there was a seasonally-adjusted rise of 4% in borrowing, while the latest figures are up some 28% on the dire February 2023 figures
Latest mortgage figures from the Reserve Bank suggest first home buyers might have reached their limit in terms of market share, while investors might be showing some signs of life
28th Feb 24, 10:26am
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Latest mortgage figures from the Reserve Bank suggest first home buyers might have reached their limit in terms of market share, while investors might be showing some signs of life
Latest RBNZ figures show first home buyers picked up over a quarter of the new mortgage monies advanced in December - although it was a slow month overall
30th Jan 24, 11:20am
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Latest RBNZ figures show first home buyers picked up over a quarter of the new mortgage monies advanced in December - although it was a slow month overall
Latest RBNZ figures show first home buyers remain active in the market, while the long sleeping investors may just be showing signs of stirring
27th Nov 23, 12:01pm
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Latest RBNZ figures show first home buyers remain active in the market, while the long sleeping investors may just be showing signs of stirring
Westpac NZ 'onshores' about 200 jobs from Australia as it meets new RBNZ outsourcing requirements, fights financial crime
7th Nov 23, 9:16am
Westpac NZ 'onshores' about 200 jobs from Australia as it meets new RBNZ outsourcing requirements, fights financial crime
[updated]
Westpac New Zealand annual profit falls as expenses, loan impairments rise. Net interest margin increases
6th Nov 23, 10:27am
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Westpac New Zealand annual profit falls as expenses, loan impairments rise. Net interest margin increases