David Chaston

A review of things you need to know before you go home on Monday; BNZ joins in; Greenwood joins Westpac, 'you can do better'; Heartland seeks more; swaps dive, NZD strong, & more

A review of things you need to know before you go home on Monday; BNZ joins in; Greenwood joins Westpac, 'you can do better'; Heartland seeks more; swaps dive, NZD strong, & more

It is a new week and now BNZ falls into line with a 3.99% two year fixed mortgage offer. That only leaves ANZ as a holdout among the majors. And now two year swap rates are falling too

It is a new week and now BNZ falls into line with a 3.99% two year fixed mortgage offer. That only leaves ANZ as a holdout among the majors. And now two year swap rates are falling too

Wall Street drops sharply; global factory activity falls; some bond yields invert; trade deal talks stutter; China blocks Canada; Hayne emasculated; UST 10yr 2.44%; oil down and gold up; NZ$1 = 68.8 USc; TWI-5 = 73.3

Wall Street drops sharply; global factory activity falls; some bond yields invert; trade deal talks stutter; China blocks Canada; Hayne emasculated; UST 10yr 2.44%; oil down and gold up; NZ$1 = 68.8 USc; TWI-5 = 73.3

We take an updated look at what the bond markets are signaling. Rate curves are trending down and some have turned negative. Where is this all leading?

We take an updated look at what the bond markets are signaling. Rate curves are trending down and some have turned negative. Where is this all leading?

Wall Street slumps on weak factory data; US Govt deficit hits record; China messes with ag imports from Canada; yield curves invert; UST 10yr 2.44%; oil down, gold up; NZ$1 = 68.7 USc; TWI-5 = 73.3

Wall Street slumps on weak factory data; US Govt deficit hits record; China messes with ag imports from Canada; yield curves invert; UST 10yr 2.44%; oil down, gold up; NZ$1 = 68.7 USc; TWI-5 = 73.3

A review of things you need to know before you go home on Friday; Westpac cuts mortgage rates, fewer farms sold, Vector fined for outages, swaps on hold, NZD stays high, & more

A review of things you need to know before you go home on Friday; Westpac cuts mortgage rates, fewer farms sold, Vector fined for outages, swaps on hold, NZD stays high, & more

NZ happy before tragedy; Wall Street rises; US surveys turn; China-US trade talks falter; EU to grant UK 60 extra days; Aussie jobless rate dips; UST 10yr 2.52%; oil unchanged and gold down; NZ$1 = 68.7 USc; TWI-5 = 73.2

NZ happy before tragedy; Wall Street rises; US surveys turn; China-US trade talks falter; EU to grant UK 60 extra days; Aussie jobless rate dips; UST 10yr 2.52%; oil unchanged and gold down; NZ$1 = 68.7 USc; TWI-5 = 73.2

Following HSBC, Kiwibank, ASB and TSB, Westpac comes back with a 3.99% two year fixed home loan offer. That's now six banks with a sub 4% mortgage offer

Following HSBC, Kiwibank, ASB and TSB, Westpac comes back with a 3.99% two year fixed home loan offer. That's now six banks with a sub 4% mortgage offer

A review of things you need to know before you go home on Thursday; one small rate change, good GDP growth, confusing credit card data, cheap NZGB yields, no growth in new housing, swaps fall, NZD up, & more

A review of things you need to know before you go home on Thursday; one small rate change, good GDP growth, confusing credit card data, cheap NZGB yields, no growth in new housing, swaps fall, NZD up, & more

Background wholesale money costs are changing lower, but not at the durations that will have much influence on fixed mortgage rates

Background wholesale money costs are changing lower, but not at the durations that will have much influence on fixed mortgage rates

US Fed signals no more rate hikes, end of balance sheet drawdown; US CEOs pull back; more US tariffs; RBA sees stability issues in housing; UST 10yr 2.54%; oil and gold firm; NZ$1 = 69.2 USc; TWI-5 = 73.4

US Fed signals no more rate hikes, end of balance sheet drawdown; US CEOs pull back; more US tariffs; RBA sees stability issues in housing; UST 10yr 2.54%; oil and gold firm; NZ$1 = 69.2 USc; TWI-5 = 73.4

A review of things you need to know before you go home on Wednesday; more rate changes, higher dairy prices, wider C/A deficit, more job ads, swap rates weaken, NZD stable, & more

A review of things you need to know before you go home on Wednesday; more rate changes, higher dairy prices, wider C/A deficit, more job ads, swap rates weaken, NZD stable, & more

Dairy prices rise again; US factory order growth fades; China pushes back on US demands; China holds up AU coal imports; RBA sanguine; UST 10yr 2.61%; oil and gold firm; NZ$1 = 68.6 USc; TWI-5 = 73.1

Dairy prices rise again; US factory order growth fades; China pushes back on US demands; China holds up AU coal imports; RBA sanguine; UST 10yr 2.61%; oil and gold firm; NZ$1 = 68.6 USc; TWI-5 = 73.1

A review of things you need to know before you go home on Tuesday: more rate changes, consumer confidence weakens, eyes on dairy, comment update, swaps and NZD stable, & more

A review of things you need to know before you go home on Tuesday: more rate changes, consumer confidence weakens, eyes on dairy, comment update, swaps and NZD stable, & more

Following Kiwibank, ASB cuts its two year home loan rate to 3.99% and TSB also follows under its extended price-match policy

Following Kiwibank, ASB cuts its two year home loan rate to 3.99% and TSB also follows under its extended price-match policy

China's Yili wants to buy more NZ dairy assets; China grows UST holdings; trade in fake grows; Aussie investors face FONGO; UST 10yr 2.60%; oil and gold unchanged; NZ$1 = 68.5 USc; TWI-5 = 73

China's Yili wants to buy more NZ dairy assets; China grows UST holdings; trade in fake grows; Aussie investors face FONGO; UST 10yr 2.60%; oil and gold unchanged; NZ$1 = 68.5 USc; TWI-5 = 73

A review of things you need to know before you go home on Monday; many rate and term changes, PSI expansion slows, scammers attack, swaps and NZD stable, & more

A review of things you need to know before you go home on Monday; many rate and term changes, PSI expansion slows, scammers attack, swaps and NZD stable, & more

BNZ has raised the interest rate penalty for residential investors who use either of their revolving credit products, but it makes no changes for owner occupiers

BNZ has raised the interest rate penalty for residential investors who use either of their revolving credit products, but it makes no changes for owner occupiers

Two banks cut selected fixed mortgage rates for residential borrowers, one of which takes a rate back down under 4%

Two banks cut selected fixed mortgage rates for residential borrowers, one of which takes a rate back down under 4%

US factory output falling, consumer sentiment up; Canada factory output up, house sales slump; China FDI rising; Aust. apartment sales tough; UST 10yr 2.59%; oil and gold unchanged; NZ$1 = 68.5 USc; TWI-5 = 73

US factory output falling, consumer sentiment up; Canada factory output up, house sales slump; China FDI rising; Aust. apartment sales tough; UST 10yr 2.59%; oil and gold unchanged; NZ$1 = 68.5 USc; TWI-5 = 73

New Zealand attacked by anti-immigrant extremists; UST 10yr 2.60%; oil and gold little-changed; NZ$1 = 68.5 USc; TWI-5 = 73

New Zealand attacked by anti-immigrant extremists; UST 10yr 2.60%; oil and gold little-changed; NZ$1 = 68.5 USc; TWI-5 = 73

US durable goods orders rise; US construction flat; Japan machine orders drop; equities rise; RBA finds new systemic risk; bond markets weaken; UST 10yr 2.61%; oil and gold up; NZ$1 = 68.5 USc; TWI-5 = 73.1

US durable goods orders rise; US construction flat; Japan machine orders drop; equities rise; RBA finds new systemic risk; bond markets weaken; UST 10yr 2.61%; oil and gold up; NZ$1 = 68.5 USc; TWI-5 = 73.1

A review of things you need to know before you go home on Wednesday; Westpac raises a key mortgage rate, house sales fall, food inflation up, significant drop in swap rates, NZD stay high, & more

A review of things you need to know before you go home on Wednesday; Westpac raises a key mortgage rate, house sales fall, food inflation up, significant drop in swap rates, NZD stay high, & more

Stable wholesale swap rates and stable bank deposit rates are limiting how far fixed mortgage rates can move down. Westpac pushes a key fighting rate up

Stable wholesale swap rates and stable bank deposit rates are limiting how far fixed mortgage rates can move down. Westpac pushes a key fighting rate up

A review of things you need to know before you go home on Tuesday; no rate changes, truckometers diverge, inflation petering out, FMA removes limit, AMP NZ a keeper, swaps firm, NZD firm, & more

A review of things you need to know before you go home on Tuesday; no rate changes, truckometers diverge, inflation petering out, FMA removes limit, AMP NZ a keeper, swaps firm, NZD firm, & more