mortgage serviceability

SBS Bank joins other banks in cutting its mortgage serviceability test rate

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

Homebuyers' borrowing power boosted as ASB and Westpac follow ANZ in lowering mortgage test rates

Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates

Banks quick out of the blocks with cuts to floating home loan rates - and they are also cutting savings account rates

ANZ NZ cuts mortgage test rate by 15 basis points ahead of next week's Reserve Bank OCR review

ANZ NZ cuts mortgage test rate by 15 basis points ahead of next week's Reserve Bank OCR review

Kiwibank leads in cutting mortgage test rate following last week's OCR cut, increasing borrowing power

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

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

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

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

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

ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates

Kiwibank follows Westpac, cuts its mortgage serviceability test rate after Reserve Bank OCR cut

Kiwibank follows Westpac, cuts its mortgage serviceability test rate after Reserve Bank OCR cut

Banks start trimming, or thinking about cutting, their mortgage serviceability rates, opening the door to higher borrowing capacity

Banks start trimming, or thinking about cutting, their mortgage serviceability rates, opening the door to higher borrowing capacity

Income & net interest margin down with expenses up as ASB posts 7% drop in annual profit

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

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

New Zealand's biggest bank, ANZ NZ, says interim profit rose as credit impairment charges fell, but the environment is challenging

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%

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%