home loans
[updated]
Home loan rates are being inched lower in response to competitive pressures and uncertain loan demand. BNZ's latest reductions match other rivals who moved recently, with a little extra cut for an 18 month term
16th Apr 25, 9:50am
6
Home loan rates are being inched lower in response to competitive pressures and uncertain loan demand. BNZ's latest reductions match other rivals who moved recently, with a little extra cut for an 18 month term
New Zealand Banking Association says a large proportion of mortgage holders are 'reaping the benefits' of paying down their loan faster
16th Apr 25, 8:41am
New Zealand Banking Association says a large proportion of mortgage holders are 'reaping the benefits' of paying down their loan faster
[updated]
New round of retail interest rate cuts starts, and it is savers who will be paying for the reductions in home loan rates. All the influences on wholesale rates are negative
14th Apr 25, 5:30pm
8
New round of retail interest rate cuts starts, and it is savers who will be paying for the reductions in home loan rates. All the influences on wholesale rates are negative
SBS Bank joins other banks in cutting its mortgage serviceability test rate
10th Apr 25, 4:59pm
SBS Bank joins other banks in cutting its mortgage serviceability test rate
[updated]
Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates
9th Apr 25, 2:06pm
Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates
Latest monthly RBNZ figures show in February, owner occupiers were still overwhelmingly taking up 'short' mortgage commitments - but banks' pushing lower two-year rates was starting to have an impact
7th Apr 25, 3:37pm
Latest monthly RBNZ figures show in February, owner occupiers were still overwhelmingly taking up 'short' mortgage commitments - but banks' pushing lower two-year rates was starting to have an impact
[updated]
ANZ NZ cuts mortgage test rate by 15 basis points ahead of next week's Reserve Bank OCR review
2nd Apr 25, 1:56pm
ANZ NZ cuts mortgage test rate by 15 basis points ahead of next week's Reserve Bank OCR review
Latest RBNZ figures show a split between mortgage holders opting to go for floating rates and those pushing out to longer fixed terms
1st Apr 25, 12:20pm
4
Latest RBNZ figures show a split between mortgage holders opting to go for floating rates and those pushing out to longer fixed terms
[updated]
The home loan market is busy, very busy, as the short-term rollover activity rises. More borrowers are changing banks. But market growth is modest and banks themselves are holding their market share. Churn isn't moving the needle for borrowers
30th Mar 25, 12:42pm
2
The home loan market is busy, very busy, as the short-term rollover activity rises. More borrowers are changing banks. But market growth is modest and banks themselves are holding their market share. Churn isn't moving the needle for borrowers
Westpac argues the Reserve Bank should consider following other countries in relaxing banks' capital requirements to improve access to lending
26th Mar 25, 11:50am
2
Westpac argues the Reserve Bank should consider following other countries in relaxing banks' capital requirements to improve access to lending
ASB trims some home loan rates but these aren't significant or competitive. They also cut most key term deposit rates. The net effect is a margin gain
20th Mar 25, 8:50am
5
ASB trims some home loan rates but these aren't significant or competitive. They also cut most key term deposit rates. The net effect is a margin gain
Latest monthly RBNZ figures show owner-occupiers were still overwhelmingly 'going short' in January with their new mortgage commitments
10th Mar 25, 3:39pm
1
Latest monthly RBNZ figures show owner-occupiers were still overwhelmingly 'going short' in January with their new mortgage commitments
Lower home loan rate offer changes are in a quiet phase and the background funding environment isn't opening many opportunities for banks to go much lower, meaning the next circuit breaker is hard to see
6th Mar 25, 11:29am
16
Lower home loan rate offer changes are in a quiet phase and the background funding environment isn't opening many opportunities for banks to go much lower, meaning the next circuit breaker is hard to see
Heartland Group Holdings gives up on getting a 'slither' of the residential mortgage market
3rd Mar 25, 9:24am
Heartland Group Holdings gives up on getting a 'slither' of the residential mortgage market
More mortgage rate cuts by more banks shifts who has the lowest rates, as banks jockey for position in a very competitive marketplace because new loan growth is quite limited
25th Feb 25, 8:42am
40
More mortgage rate cuts by more banks shifts who has the lowest rates, as banks jockey for position in a very competitive marketplace because new loan growth is quite limited
[updated]
ASB matches the new lower ANZ two year mortgage rates, and launches a low one year fixed rate (although not as low as Kiwibank). Now Westpac has cut too
24th Feb 25, 8:46am
35
ASB matches the new lower ANZ two year mortgage rates, and launches a low one year fixed rate (although not as low as Kiwibank). Now Westpac has cut too
Kiwibank has jumped to the head of the queue with its latest fixed home loan offers, targeting the most popular terms at the short end
21st Feb 25, 10:31am
23
Kiwibank has jumped to the head of the queue with its latest fixed home loan offers, targeting the most popular terms at the short end
The Red Bank pulls away from its sub 5% rate offer, but ANZ then jumped in with a 4.99% two year fixed carded offer
19th Feb 25, 3:07pm
49
The Red Bank pulls away from its sub 5% rate offer, but ANZ then jumped in with a 4.99% two year fixed carded offer
Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates at the same time
19th Feb 25, 2:05pm
56
Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates at the same time
[updated]
TSB shines with a pre-RBNZ rate drop for fixed home loan rates, with their one year rate at a market leading level not seen since May 2023 from any other bank
18th Feb 25, 8:43am
13
TSB shines with a pre-RBNZ rate drop for fixed home loan rates, with their one year rate at a market leading level not seen since May 2023 from any other bank
Latest monthly RBNZ figures show sharp drops in what customers were paying on new mortgage rates in the second half of last year - but the bank yields on existing mortgages are falling only very slightly
12th Feb 25, 9:00am
4
Latest monthly RBNZ figures show sharp drops in what customers were paying on new mortgage rates in the second half of last year - but the bank yields on existing mortgages are falling only very slightly
ASB cuts its fixed mortgage rates to market lows, and cuts term deposit rates even harder, in moves much larger than wholesale rate changes
12th Feb 25, 8:29am
109
ASB cuts its fixed mortgage rates to market lows, and cuts term deposit rates even harder, in moves much larger than wholesale rate changes
Latest monthly RBNZ figures show that in December the very brief flirtation with floating rate mortgages was replaced by a surge of interest in six month fixed rates
10th Feb 25, 3:47pm
7
Latest monthly RBNZ figures show that in December the very brief flirtation with floating rate mortgages was replaced by a surge of interest in six month fixed rates
The decision by many homeowners to position themselves for expected interest rate cuts will see an average of over $30b a month worth of mortgages need refixing in the first six months of this year
6th Feb 25, 6:00am
112
The decision by many homeowners to position themselves for expected interest rate cuts will see an average of over $30b a month worth of mortgages need refixing in the first six months of this year
Westpac surprises the home loan market with a big cut to its fixed three year rate, taking it below 5% to the lowest any mortgage rate has been in 27 months
5th Feb 25, 3:09pm
76
Westpac surprises the home loan market with a big cut to its fixed three year rate, taking it below 5% to the lowest any mortgage rate has been in 27 months