David Chaston

If you don't have a 20% deposit for a house purchase, all banks will add some serious additional costs to your repayments - but a few add a lot less than others

If you don't have a 20% deposit for a house purchase, all banks will add some serious additional costs to your repayments - but a few add a lot less than others

Australia points to cold turkey; Taiwan shows what's possible; China suggests an inward turn; Europe struggles with economic traction; UST 10yr yield at 0.66%; oil firm and gold soft; NZ$1 = 61 USc; TWI-5 = 67

Australia points to cold turkey; Taiwan shows what's possible; China suggests an inward turn; Europe struggles with economic traction; UST 10yr yield at 0.66%; oil firm and gold soft; NZ$1 = 61 USc; TWI-5 = 67

HSBC grabs the 'lowest rate' mantle with sharp cuts for all terms for its Premier offers, none over 3%, and the lowest home loan rate ever at 2.60% for a one year fixed term

HSBC grabs the 'lowest rate' mantle with sharp cuts for all terms for its Premier offers, none over 3%, and the lowest home loan rate ever at 2.60% for a one year fixed term

A review of things you need to know before you go home on Monday: new record low rate, a bond killing, FHB deposit struggles, more zeros, job loss payments, swaps unchanged, NZD soft, & more

A review of things you need to know before you go home on Monday: new record low rate, a bond killing, FHB deposit struggles, more zeros, job loss payments, swaps unchanged, NZD soft, & more

With world's attention on economic woes, China cracks down on Hong Kong; China and Japan launch huge new stimulus; big job losses mount; UST 10yr yield at 0.66%; oil and gold unchanged; NZ$1 = 61.1 USc; TWI-5 = 67.1

With world's attention on economic woes, China cracks down on Hong Kong; China and Japan launch huge new stimulus; big job losses mount; UST 10yr yield at 0.66%; oil and gold unchanged; NZ$1 = 61.1 USc; TWI-5 = 67.1

Hong Kong tensions rise; China announces vast stimulus; Japan also launches huge new program; EU car industry on its knees; giant Aussie math mistake; UST 10yr yield at 0.66%; oil down and gold up; NZ$1 = 60.9 USc; TWI-5 = 66.9

Hong Kong tensions rise; China announces vast stimulus; Japan also launches huge new program; EU car industry on its knees; giant Aussie math mistake; UST 10yr yield at 0.66%; oil down and gold up; NZ$1 = 60.9 USc; TWI-5 = 66.9

A review of things you need to know before you go home on Friday: rapid-fire rate cuts, high demand for cheap SME loans, KiwiSaver balances in rare fall, swaps stable, NZD soft, & more

A review of things you need to know before you go home on Friday: rapid-fire rate cuts, high demand for cheap SME loans, KiwiSaver balances in rare fall, swaps stable, NZD soft, & more

BNZ gets back in the ring with a 'special' rate card all below three percent, including all rates for three, four and five years fixed

BNZ gets back in the ring with a 'special' rate card all below three percent, including all rates for three, four and five years fixed

Now its ASB's turn to push down home loan interest rates, with a market leading target at 2.69% for two years fixed, and trumping all their main rivals

Now its ASB's turn to push down home loan interest rates, with a market leading target at 2.69% for two years fixed, and trumping all their main rivals

More huge US job losses; economies contracting; Beijing clamps down on Hong Kong; China stimulus plans awaited; China tackles Australia; UST 10yr yield at 0.68%; oil unchanged and gold down; NZ$1 = 61.1 USc; TWI-5 = 66.9

More huge US job losses; economies contracting; Beijing clamps down on Hong Kong; China stimulus plans awaited; China tackles Australia; UST 10yr yield at 0.68%; oil unchanged and gold down; NZ$1 = 61.1 USc; TWI-5 = 66.9

Westpac joins the fray with a market leading two year fixed rate, but doesn't reduce standard rates so the difference grows to unusual levels

Westpac joins the fray with a market leading two year fixed rate, but doesn't reduce standard rates so the difference grows to unusual levels

A review of things you need to know before you go home on Thursday; significant rate cuts, credit card spending dives, hot demand for NZGBs, swaps low, NZD firmer, & more

A review of things you need to know before you go home on Thursday; significant rate cuts, credit card spending dives, hot demand for NZGBs, swaps low, NZD firmer, & more

TSB joins ANZ offering a home loan rate of 2.79% fixed for one year. It cuts four other rates, two of them to below 3%. It cuts term deposit rates too

TSB joins ANZ offering a home loan rate of 2.79% fixed for one year. It cuts four other rates, two of them to below 3%. It cuts term deposit rates too

Fed faces grim reality; Canada in deflation, prepared to buy into companies; deflation spreads in EU; Japan machine orders surprise; Aussie retail sales sink; UST 10yr yield at 0.69%; oil and gold up; NZ$1 = 61.4 USc; TWI-5 = 67.1

Fed faces grim reality; Canada in deflation, prepared to buy into companies; deflation spreads in EU; Japan machine orders surprise; Aussie retail sales sink; UST 10yr yield at 0.69%; oil and gold up; NZ$1 = 61.4 USc; TWI-5 = 67.1

ANZ cuts its one year mortgage special to 2.79%, lower than its main rivals and matching the lowest one year rate anywhere. Cuts most other fixed rates too

ANZ cuts its one year mortgage special to 2.79%, lower than its main rivals and matching the lowest one year rate anywhere. Cuts most other fixed rates too

A review of things you need to know before you go home on Wednesday; more retail rate cuts, dairy prices hold, food prices up, CPI dusty, swaps unchanged, NZD firmer, & more

A review of things you need to know before you go home on Wednesday; more retail rate cuts, dairy prices hold, food prices up, CPI dusty, swaps unchanged, NZD firmer, & more

Dairy prices rise; US housing starts drop; US retail declines again; China steps up trade pressure on Australia; UST 10yr yield at 0.71%; oil unchanged and gold up; NZ$1 = 61 USc; TWI-5 = 66.9

Dairy prices rise; US housing starts drop; US retail declines again; China steps up trade pressure on Australia; UST 10yr yield at 0.71%; oil unchanged and gold up; NZ$1 = 61 USc; TWI-5 = 66.9

A review of things you need to know before you go home on Tuesday; minor rate changes, retail update, rating pressure, commercial property watch, swaps unchanged, NZD firm, & more

A review of things you need to know before you go home on Tuesday; minor rate changes, retail update, rating pressure, commercial property watch, swaps unchanged, NZD firm, & more

Wall Street sparked into monster rally; But Powell sees US GDP crashing; Japan enters recession; China housing back up; RCEP close to signing; UST 10yr yield at 0.74%; oil up and gold down; NZ$1 = 60.3 USc; TWI-5 = 66.2

Wall Street sparked into monster rally; But Powell sees US GDP crashing; Japan enters recession; China housing back up; RCEP close to signing; UST 10yr yield at 0.74%; oil up and gold down; NZ$1 = 60.3 USc; TWI-5 = 66.2

A review of things you need to know before you go home on Monday; more rate cuts, service sector hibernates, more high DTI lending, pushing up through 5 mln, swaps and NZD stable, & more

A review of things you need to know before you go home on Monday; more rate cuts, service sector hibernates, more high DTI lending, pushing up through 5 mln, swaps and NZD stable, & more

China retail sales weak, but industrial heartbeat stronger; ADB issues grim forecasts; US retail sales very weak, ditto industry; German GDP shrinks; UST 10yr yield at 0.64%; oil and gold up; NZ$1 = 59.3 USc; TWI-5 = 65.5

China retail sales weak, but industrial heartbeat stronger; ADB issues grim forecasts; US retail sales very weak, ditto industry; German GDP shrinks; UST 10yr yield at 0.64%; oil and gold up; NZ$1 = 59.3 USc; TWI-5 = 65.5

A conservative British think tank says we face a grave threat from China and it is time to decouple. They review the exposures built up by the Five Eyes members and find New Zealand especially vulnerable

A conservative British think tank says we face a grave threat from China and it is time to decouple. They review the exposures built up by the Five Eyes members and find New Zealand especially vulnerable

American retail sales, industrial production dive; the US Fed warns on asset prices; China's recovery weaker than hoped; the ADB sees huge drop; UST 10yr yield at 0.64%; oil and gold up; NZ$1 = 59.4 USc; TWI-5 = 65.5

American retail sales, industrial production dive; the US Fed warns on asset prices; China's recovery weaker than hoped; the ADB sees huge drop; UST 10yr yield at 0.64%; oil and gold up; NZ$1 = 59.4 USc; TWI-5 = 65.5

A review of things you need to know before you go home on Friday; many retail rate cuts, awful PMIs, house sales slow to trickle, jobless numbers jump, swaps stable, NZD unchanged, & more

A review of things you need to know before you go home on Friday; many retail rate cuts, awful PMIs, house sales slow to trickle, jobless numbers jump, swaps stable, NZD unchanged, & more

BNZ rounds out the home loan rate cut trend with their own set, matching key rivals. They also made matching term deposit rate cuts

BNZ rounds out the home loan rate cut trend with their own set, matching key rivals. They also made matching term deposit rate cuts