Mortgages

Reserve Bank springs surprise with dovish OCR forecast

The Reserve Bank surprised economists by signalling it may keep the OCR rate at 1.75% until 2020, pushing back its forecasts in a dovish statement this morning. More...

Mortgage lending falls in June

Latest data from the Reserve Bank shows mortgage lending tapered off in June following a strong surge in May.

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Avoid the one bank trap

Investors can be controlled by their bank - and get badly caught out when they sell - if they rely on one lender, advisers are warning. More...

OCR words open door for cut

Subtle change of tone in this morning’s OCR announcement suggests the Reserve Bank may now be more willing to cut the OCR if need be, commentators say.

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Mortgage lending hits two year high

Mortgage lending is flying in the face of the cooler housing market with Reserve Bank data showing May saw the highest level of new lending in nearly two years.

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LVR easing not on cards

Hopes that the Reserve Bank might be gearing up to ease the LVRs further have been dashed by this morning’s Financial Stability Report (FSR).

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Investor mortgages creeping up

Increased pressures don’t seem to be putting investors off as new mortgage lending data reveals that investors’ share of the lending has gone up. More...

Applause for OCR call

New Reserve Bank Governor Adrian Orr has earned plaudits from economists for his first OCR announcement this morning – even though the decision itself was not a surprise.

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Market blues for investors

Investors are not rushing back into the market after the easing of the LVRs, with new mortgage lending running low and pessimism settling over the industry. More...

Growth outlook overshadows OCR call

New Zealand’s lower economic growth was acknowledged by the Reserve Bank in its OCR statement today – which means there's a chance their next call could be more doveish. More...

No Spring lift in investor lending

Residential mortgage lending edged up again in August – despite the cooler market and election uncertainty – but investors’ share of that lending is still well down. More...

DTIs “perversely restrictive” for investors – report

The Reserve Bank’s debt-to-income ratio (DTIs) proposals are flawed and would have perverse outcomes for investors, according to a new report from TailRisk Economics. More...

New data shows property investor lending way down

Evidence that investors dependent on mortgages are exiting the property market in significant numbers looms large in the latest Reserve Bank data. More...

OCR held, but for how long?

Watchful caution is guiding the Reserve Bank’s policy so it will need strong evidence before it makes any change to the OCR, economists say in response to this morning’s OCR call. More...

OCR decision announced by RBNZ

The Reserve Bank today left the Official Cash Rate unchanged at 1.75%. More...

Market slowdown different this time

Interest rate movements mean that this time round the post-LVR cooling of the property market is different, ANZ economists say. More...

OCR decision: 'Nothing to see here'

Interest rates look set to remain low for some time following a Reserve Bank OCR announcement this morning which was as expected and determinedly neutral, according to economists. More...

Don’t take no for an answer

There is no doubt the lending environment has changed for investors but that doesn’t mean they should give up on trying to get finance to build their portfolio. More...

What the RB governor said

Here is what Reserve Bank governor Graeme Wheeler had to say about interest rates today. More...

OCR hike expectations premature

Markets have got ahead of themselves in OCR hike expectations – and the Reserve Bank’s OCR announcement this morning makes that clear, the experts say. More...

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