mortgage serviceability
[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
[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
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]
Co-operative Bank moves first and big, immediately followed by Kiwibank. Co-op cuts -70 bps. Kiwibank also cuts the full -50 bps for savers, but Cooperative Bank tempers some of its cuts to savers
27th Nov 24, 2:13pm
6
Co-operative Bank moves first and big, immediately followed by Kiwibank. Co-op cuts -70 bps. Kiwibank also cuts the full -50 bps for savers, but Cooperative Bank tempers some of its cuts to savers
RBNZ says strong profitability has helped banks remain resilient during the recession and means they are well-positioned to cope with rising unemployment
5th Nov 24, 10:42am
26
RBNZ says strong profitability has helped banks remain resilient during the recession and means they are well-positioned to cope with rising unemployment
ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates
29th Oct 24, 9:57am
1
ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates
[updated]
Kiwibank follows Westpac, cuts its mortgage serviceability test rate after Reserve Bank OCR cut
15th Oct 24, 9:30am
15
Kiwibank follows Westpac, cuts its mortgage serviceability test rate after Reserve Bank OCR cut
[updated]
Banks start trimming, or thinking about cutting, their mortgage serviceability rates, opening the door to higher borrowing capacity
10th Oct 24, 9:02am
23
Banks start trimming, or thinking about cutting, their mortgage serviceability rates, opening the door to higher borrowing capacity
[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
David Hargreaves wonders how this Government will find a good solution for Kiwibank when the previous Labour Government appears to have turned its back on the best solution - and that was already halfway in place
8th Aug 24, 5:00am
18
David Hargreaves wonders how this Government will find a good solution for Kiwibank when the previous Labour Government appears to have turned its back on the best solution - and that was already halfway in place
[updated]
New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging
7th May 24, 10:11am
21
New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging
Westpac NZ CEO Catherine McGrath says home loan borrowers holding up better than expected, less than a quarter now on an interest rate below 5%
7th May 24, 9:27am
Westpac NZ CEO Catherine McGrath says home loan borrowers holding up better than expected, less than a quarter now on an interest rate below 5%
[updated]
BNZ interim profit drops with income and net interest margin falling and expenses rising
2nd May 24, 10:18am
5
BNZ interim profit drops with income and net interest margin falling and expenses rising
[updated]
Falling net interest margin and rising costs push ASB half-year profit lower
14th Feb 24, 10:29am
12
Falling net interest margin and rising costs push ASB half-year profit lower
[updated]
RBNZ wants to loosen loan-to-value ratio restrictions and introduce debt-to-income restrictions on banks' home lending
23rd Jan 24, 10:19am
156
RBNZ wants to loosen loan-to-value ratio restrictions and introduce debt-to-income restrictions on banks' home lending
Mortgage brokers on customers' borrowing capacity, refinancing with new lenders and more
12th Dec 23, 9:15am
Mortgage brokers on customers' borrowing capacity, refinancing with new lenders and more
[updated]
ANZ NZ annual profit holds above $2b despite higher loan impairments, CEO expects more stress among businesses & mortgage holders
13th Nov 23, 10:16am
31
ANZ NZ annual profit holds above $2b despite higher loan impairments, CEO expects more stress among businesses & mortgage holders
Westpac NZ 'onshores' about 200 jobs from Australia as it meets new RBNZ outsourcing requirements, fights financial crime
7th Nov 23, 9:16am
Westpac NZ 'onshores' about 200 jobs from Australia as it meets new RBNZ outsourcing requirements, fights financial crime
[updated]
Latest Reserve Bank Financial Stability Report says if economic conditions deteriorate by more than projected the lending stress could be more severe
1st Nov 23, 9:09am
82
Latest Reserve Bank Financial Stability Report says if economic conditions deteriorate by more than projected the lending stress could be more severe
Kiwibank economists say all three key drivers of the housing market point to a stronger market and house price gains; Westpac economists say housing market one of the key things they will be watching
19th Jun 23, 1:53pm
157
Kiwibank economists say all three key drivers of the housing market point to a stronger market and house price gains; Westpac economists say housing market one of the key things they will be watching
BNZ economists say if they are right about the housing market having bottomed then prices will be levelling out around 20% above pre-pandemic levels
7th Jun 23, 10:51am
108
BNZ economists say if they are right about the housing market having bottomed then prices will be levelling out around 20% above pre-pandemic levels
Annual lending at SBS Bank's Finance Now surges, with car loans leading the way
31st May 23, 9:48am
Annual lending at SBS Bank's Finance Now surges, with car loans leading the way
Benje Patterson argues banks’ narrow focus on short-term profitability has set some households up to fail
24th May 23, 10:00am
91
Benje Patterson argues banks’ narrow focus on short-term profitability has set some households up to fail
ANZ economists say latest sales figures are consistent with a housing market that's nearing a turn, while the increased demand for housing from migration is likely to put upward pressure on prices
15th May 23, 10:55am
87
ANZ economists say latest sales figures are consistent with a housing market that's nearing a turn, while the increased demand for housing from migration is likely to put upward pressure on prices
Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system
13th May 23, 10:01am
167
Gareth Vaughan argues borrowers who bought their first home in 2020-21 face being let down by the system