home loans
[updated]
ASB cuts fixed mortgage rates, especially for the six month term, and cuts term deposit rates just as hard. Westpac cuts too
17th Oct 24, 8:24am
28
ASB cuts fixed mortgage rates, especially for the six month term, and cuts term deposit rates just as hard. Westpac cuts too
[updated]
BNZ follows TSB with new lower home loan carded rates. It now leads the market. ANZ cuts too. We ask readers to update us with what they see in their banking apps
14th Oct 24, 5:04pm
51
BNZ follows TSB with new lower home loan carded rates. It now leads the market. ANZ cuts too. We ask readers to update us with what they see in their banking apps
[updated]
Carded one year home loan rates fall below 6% now as wholesale rates turn their attention to the next RBNZ move
11th Oct 24, 9:02am
36
Carded one year home loan rates fall below 6% now as wholesale rates turn their attention to the next RBNZ move
[updated]
While we await expected floating rate cuts, ASB has trimmed its fixed home loan rates. We ask readers to share actual banking app rate offers, to shine a light on an opaque corner of the mortgage market
9th Oct 24, 8:35am
44
While we await expected floating rate cuts, ASB has trimmed its fixed home loan rates. We ask readers to share actual banking app rate offers, to shine a light on an opaque corner of the mortgage market
[updated]
Kiwibank jumps the gun and cuts its floating rate before the Reserve Bank OCR decision on Wednesday, confident its 50 basis points cut will be matched by the central bank
8th Oct 24, 2:00pm
34
Kiwibank jumps the gun and cuts its floating rate before the Reserve Bank OCR decision on Wednesday, confident its 50 basis points cut will be matched by the central bank
NZ Banking Association says despite tough economic conditions, 'the vast majority of New Zealanders' are managing their financial situation well
8th Oct 24, 12:17pm
19
NZ Banking Association says despite tough economic conditions, 'the vast majority of New Zealanders' are managing their financial situation well
Latest Reserve Bank figures show around 40% of new lending in August was for six month fixed rate terms
7th Oct 24, 1:18pm
38
Latest Reserve Bank figures show around 40% of new lending in August was for six month fixed rate terms
Our largest bank restarts the home loan and term deposit rate reductions with cuts, to market-low levels, one week ahead of the upcoming OCR review
1st Oct 24, 6:07pm
42
Our largest bank restarts the home loan and term deposit rate reductions with cuts, to market-low levels, one week ahead of the upcoming OCR review
Construction sector faces rising number of liquidations as business credit defaults also climb across the industry according to credit bureau Centrix
1st Oct 24, 5:00am
13
Construction sector faces rising number of liquidations as business credit defaults also climb across the industry according to credit bureau Centrix
[updated]
Heartland signals to clients that it will launch sharp home loan reductions soon, reclaiming a market-leading rate position
27th Sep 24, 11:13am
9
Heartland signals to clients that it will launch sharp home loan reductions soon, reclaiming a market-leading rate position
Kiwibank responds to ANZ's home loan rate cuts with a new market-leading low 6.29% one year fixed rate
17th Sep 24, 8:20am
22
Kiwibank responds to ANZ's home loan rate cuts with a new market-leading low 6.29% one year fixed rate
The largest home loan lender cuts most fixed rates to have a market-leading offer for one and two year fixed mortgages
11th Sep 24, 5:59pm
26
The largest home loan lender cuts most fixed rates to have a market-leading offer for one and two year fixed mortgages
Latest Reserve Bank figures show approximately one in five new mortgages collected in July were fixed for just six months as the punters bet on imminent rate cuts - that are subsequently following
4th Sep 24, 3:40pm
10
Latest Reserve Bank figures show approximately one in five new mortgages collected in July were fixed for just six months as the punters bet on imminent rate cuts - that are subsequently following
Many home loan borrowers are choosing a 'pay-more-now-to-pay-less-later' strategy. David Chaston checks the numbers to see if they justify it, and show the risks involved
4th Sep 24, 9:00am
16
Many home loan borrowers are choosing a 'pay-more-now-to-pay-less-later' strategy. David Chaston checks the numbers to see if they justify it, and show the risks involved
Although more borrowers may be taking an interest in break fees, this doesn't necessarily mean there'll be a spike in those breaking mortgage terms
3rd Sep 24, 12:11pm
3
Although more borrowers may be taking an interest in break fees, this doesn't necessarily mean there'll be a spike in those breaking mortgage terms
First home buyers are benefiting from a combination of declining house prices and falling interest rates
27th Aug 24, 12:38pm
80
First home buyers are benefiting from a combination of declining house prices and falling interest rates
CEO Steve Jurkovich says fresh capital of $500m would give Kiwibank a lot of runway for growth
22nd Aug 24, 12:51pm
10
CEO Steve Jurkovich says fresh capital of $500m would give Kiwibank a lot of runway for growth
ASB reclaims its market leading rate card with more rapid-fire rate cuts. Challenger banks also chime in with some notably low levels too
22nd Aug 24, 9:08am
41
ASB reclaims its market leading rate card with more rapid-fire rate cuts. Challenger banks also chime in with some notably low levels too
[updated]
ANZ cuts fixed home loan rate card to best in market, and cuts term deposit rates just as hard. The Cooperative bank goes even lower for a one year fixed term. BNZ follows
19th Aug 24, 12:53pm
94
ANZ cuts fixed home loan rate card to best in market, and cuts term deposit rates just as hard. The Cooperative bank goes even lower for a one year fixed term. BNZ follows
Westpac makes its fourth home loan rate cut since the start of July in a bid to claim the 'lowest rate card'
16th Aug 24, 4:07pm
17
Westpac makes its fourth home loan rate cut since the start of July in a bid to claim the 'lowest rate card'
[updated]
Kiwibank leads the rate cutting following the RBNZ's 25 basis points OCR reduction. ASB also cut fixed rates making its whole rate card market-leading - for now. ANZ cuts too, now Westpac
14th Aug 24, 2:17pm
58
Kiwibank leads the rate cutting following the RBNZ's 25 basis points OCR reduction. ASB also cut fixed rates making its whole rate card market-leading - for now. ANZ cuts too, now Westpac
[updated]
Income & net interest margin down with expenses up as ASB posts 7% drop in annual profit
14th Aug 24, 10:36am
26
Income & net interest margin down with expenses up as ASB posts 7% drop in annual profit
TSB jumps in with a market-low one year home loan rate of 6.69%, a 16 bps advantage over the major banks. Others are likely waiting for the RBNZ before assessing their rate moves
13th Aug 24, 9:50am
43
TSB jumps in with a market-low one year home loan rate of 6.69%, a 16 bps advantage over the major banks. Others are likely waiting for the RBNZ before assessing their rate moves
Home loan rates fall again at two more banks, and 5.99% seems to be where carded retail rates are headed with SBS Bank offering that for two years fixed
8th Aug 24, 4:57pm
31
Home loan rates fall again at two more banks, and 5.99% seems to be where carded retail rates are headed with SBS Bank offering that for two years fixed
To what extent might recommendations in the Commerce Commission's final report on personal banking competition differ from those in its draft report?
7th Aug 24, 10:07am
1
To what extent might recommendations in the Commerce Commission's final report on personal banking competition differ from those in its draft report?