Interest rates

ANZ, our biggest mortgage lender, raises most fixed home loan rates, but cuts its 6 month one. It also raises TD rates for 1 year & longer

ANZ, our biggest mortgage lender, raises most fixed home loan rates, but cuts its 6 month one. It also raises TD rates for 1 year & longer

In her first substantial monetary policy communication, Reserve Bank Governor Anna Breman says the RBNZ is 'closely monitoring wholesale market interest rates and their effect on households and businesses'

In her first substantial monetary policy communication, Reserve Bank Governor Anna Breman says the RBNZ is 'closely monitoring wholesale market interest rates and their effect on households and businesses'

Economists are suggesting the RBNZ should provide some guidance on its thinking on interest rates perhaps even ahead of the next Official Cash Rate review, which is not till late February

Economists are suggesting the RBNZ should provide some guidance on its thinking on interest rates perhaps even ahead of the next Official Cash Rate review, which is not till late February

The year is ending with selected banks raising longer term deposit rates. The latest is state-owned Kiwibank whose one year TD rate now easily eclipses their big Aussie bank rivals

The year is ending with selected banks raising longer term deposit rates. The latest is state-owned Kiwibank whose one year TD rate now easily eclipses their big Aussie bank rivals

The Co-operative Bank matches Westpac with steep hikes in longer term fixed mortgage rates, but a cut for its 6 month rate to the market's lowest. It also raised long-term TD rates

The Co-operative Bank matches Westpac with steep hikes in longer term fixed mortgage rates, but a cut for its 6 month rate to the market's lowest. It also raised long-term TD rates

Finance Minister Nicola Willis suggests borrowers should shop around and make banks compete with each other

Finance Minister Nicola Willis suggests borrowers should shop around and make banks compete with each other

The Reserve Bank of Australia is stuck in a tug-of-war, as it holds rates steady

The Reserve Bank of Australia is stuck in a tug-of-war, as it holds rates steady

The Red Bank hikes some fixed home loan rates by 30 basis points citing recent swap rate movements, also raises some term deposit rates by a similar amount

The Red Bank hikes some fixed home loan rates by 30 basis points citing recent swap rate movements, also raises some term deposit rates by a similar amount

Did your mortgage broker 'suggest' shifting to a floating mortgage rate now in preparation for lower fixed rates in the future would be a good idea? You might want to re-think the quality of that 'suggestion'

Did your mortgage broker 'suggest' shifting to a floating mortgage rate now in preparation for lower fixed rates in the future would be a good idea? You might want to re-think the quality of that 'suggestion'

RBNZ Assistant Governor Karen Silk says Monetary Policy Committee will keep an eye on price setting behaviour and world dynamics that could potentially influence how the Official Cash Rate moves

RBNZ Assistant Governor Karen Silk says Monetary Policy Committee will keep an eye on price setting behaviour and world dynamics that could potentially influence how the Official Cash Rate moves

Forty-five percent of first home buyers' mortgages were low equity loans in October

Forty-five percent of first home buyers' mortgages were low equity loans in October

Finance Minister Nicola Willis says she hopes the Reserve Bank’s OCR cut will flow through to mortgage holders, telling banks they have a stake in the economy and they should 'pass on as much as possible'

Finance Minister Nicola Willis says she hopes the Reserve Bank’s OCR cut will flow through to mortgage holders, telling banks they have a stake in the economy and they should 'pass on as much as possible'

‘Looks like the last’: While the Reserve Bank has left the door open for further OCR easing, economists say it’s not as wide as many would have expected

‘Looks like the last’: While the Reserve Bank has left the door open for further OCR easing, economists say it’s not as wide as many would have expected

Reserve Bank Governor says the bank wants to be in the position next year where monetary policy is off the front pages. 'Let everything else drive the economy and we can sit in the back seat'

Reserve Bank Governor says the bank wants to be in the position next year where monetary policy is off the front pages. 'Let everything else drive the economy and we can sit in the back seat'

Future moves in the OCR will depend on how the outlook for medium-term inflation and the economy evolve, the Reserve Bank says; ASB says barring 'nasty surprises' the RBNZ looks 'on hold' now

Future moves in the OCR will depend on how the outlook for medium-term inflation and the economy evolve, the Reserve Bank says; ASB says barring 'nasty surprises' the RBNZ looks 'on hold' now