Mortgages
[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
Homebuyers' borrowing power boosted as ASB and Westpac follow ANZ in lowering mortgage test rates
10th Apr 25, 8:00am
Homebuyers' borrowing power boosted as ASB and Westpac follow ANZ in lowering mortgage test rates
[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
Latest Reserve Bank figures show first home buyers continue to take a declining share of monthly mortgage advances, while the overall figures for February were down on a seasonally-adjusted basis
26th Mar 25, 3:54pm
8
Latest Reserve Bank figures show first home buyers continue to take a declining share of monthly mortgage advances, while the overall figures for February were down on a seasonally-adjusted basis
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
A surge in non-performing mortgage loans is a reminder that even though interest rates are now falling, this is not necessarily going to lift the economy as quickly as we would hope
7th Mar 25, 5:00am
29
A surge in non-performing mortgage loans is a reminder that even though interest rates are now falling, this is not necessarily going to lift the economy as quickly as we would hope
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
Latest RBNZ figures show non-performing housing loans rose $165 million in January - the biggest monthly surge since June 2020 during the pandemic
3rd Mar 25, 10:59am
18
Latest RBNZ figures show non-performing housing loans rose $165 million in January - the biggest monthly surge since June 2020 during the pandemic
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
Latest Reserve Bank figures show investors took 22.5% of the committed mortgage money in January - the highest percentage they've claimed since February 2021
27th Feb 25, 4:06pm
38
Latest Reserve Bank figures show investors took 22.5% of the committed mortgage money in January - the highest percentage they've claimed since February 2021
[updated]
Kiwibank interim profit down 12% from last year's record high, lending and deposit growth outstrips overall market growth
27th Feb 25, 9:13am
18
Kiwibank interim profit down 12% from last year's record high, lending and deposit growth outstrips overall market growth
[updated]
Kiwibank leads in cutting mortgage test rate following last week's OCR cut, increasing borrowing power
25th Feb 25, 10:30am
22
Kiwibank leads in cutting mortgage test rate following last week's OCR cut, increasing borrowing power
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