Tuesday, August 13th 2024
Division over OCR cut and problems with RBNZ
The NZ Institute of Economic Research (NZIER) shadow board is split over whether the Reserve Bank should drop the OCR tomorrow.
Fast-growing US property management franchise, Phenix Salon Suites, is looking to expand its global footprint into the New Zealand market.
MORE »News > Mortgages
Tuesday, August 13th 2024
The NZ Institute of Economic Research (NZIER) shadow board is split over whether the Reserve Bank should drop the OCR tomorrow.
Monday, August 12th 2024
As most of the country’s economic indicators fall, the BNZ and Kiwibank are calling for an immediate OCR cut.
Thursday, July 04th 2024
Housing minister Chris Bishop has revealed plans to “flood the market” with enough land to end the country’s housing crisis.
Friday, June 14th 2024
It certainly has been a rollercoaster ride for the economy and markets over the past four years.
Thursday, May 23rd 2024
The Reserve Bank's latest monetary policy statement had good news and bad news for residential property owners.
Wednesday, February 28th 2024
The Monetary Policy Committee today agreed to hold the Official Cash Rate (OCR) at 5.50%.
Tuesday, January 23rd 2024
The Reserve Bank doesn't expect its proposed DTI restrictions to have a significant impact on house prices in the short-term.
Tuesday, January 23rd 2024
The Reserve Bank has reveled its proposed debt-to-income (DTI) restrictions alongside plans to loosen loan to value ratios (LVR) for residential lending.
Friday, July 28th 2023
The share of new mortgages to first home buyers rose for the third consecutive month to 24.4% last month, up slightly from 24.3% in May, the latest Reserve Bank figures show.
Friday, June 23rd 2023
Tenants should be consulting mortgage advisers in an effort to buy a house as rents skyrocket, says Tim Kearins, Century 21 New Zealand owner.
Monday, June 19th 2023
Economist Tony Alexander says New Zealand is about to experience “a period of rapid house price growth.”
Wednesday, May 10th 2023
When the New Zealand housing market turns as it has in Australia, a lot of people won’t understand it, says economist Tony Alexander.
Monday, April 17th 2023
New Zealand appears to be flinging open the immigration doors again.
Wednesday, April 05th 2023
The Monetary Policy Committee today increased the Official Cash Rate (OCR) by 50 basis points, from 4.75 percent to 5.25 percent.
Thursday, March 30th 2023
Mortgage lending is still in the doldrums with the $3.8 billion borrowed last month, the lowest since records began in 2013.
Friday, March 10th 2023
Property development company Du Val Capital Partners suspension of cash distributions to investors in the company’s mortgage fund has drawn a formal warning from the FMA for misleading conduct.
Wednesday, January 25th 2023
Economists are worried about inflation that has remained stubbornly high at 7.2% in the year to December.
Tuesday, January 17th 2023
The country’s biggest trading bank expects the official cash rate to now peak at 5.75% later this year.
Thursday, November 24th 2022
With another 0.75% increase in the OCR seemingly on the cards for February next year after yesterday’s not unexpected 0.75% rise, it is likely fixed mortgage rates will push towards 7% or higher in the next few months, says CoreLogic.
Wednesday, November 23rd 2022
The Reserve Bank has increased the OCR 75 basis points - its biggest rise ever. Here's why.
Monday, November 21st 2022
SBS FirstHome Combo | 5.15 |
Unity First Home Buyer special | 5.49 |
Heartland Bank - Online | 5.65 |
TSB Special | 5.69 |
Co-operative Bank - First Home Special | 5.79 |
Nelson Building Society | 5.95 |
ICBC | 5.99 |
ASB Bank | 5.99 |
AIA - Go Home Loans | 5.99 |
ANZ Special | 5.99 |
Unity | 5.99 |
Heartland Bank - Online | 5.55 |
ICBC | 5.65 |
Kiwibank Special | 5.69 |
BNZ - Classic | 5.69 |
ASB Bank | 5.69 |
ANZ Special | 5.69 |
BNZ - Std | 5.69 |
TSB Special | 5.69 |
SBS Bank Special | 5.69 |
Unity | 5.69 |
AIA - Go Home Loans | 5.69 |
ICBC | 5.49 |
BNZ - Std | 5.59 |
BNZ - Classic | 5.59 |
TSB Special | 5.69 |
Westpac Special | 5.69 |
SBS Bank Special | 5.69 |
Co-operative Bank - Owner Occ | 5.69 |
Kiwibank Special | 5.69 |
ASB Bank | 5.79 |
AIA - Go Home Loans | 5.79 |
ANZ | 6.19 |
SBS FirstHome Combo | 5.44 |
AIA - Back My Build | 5.44 |
CFML 321 Loans | 6.20 |
CFML Home Loans | 6.45 |
ANZ Blueprint to Build | 7.39 |
Heartland Bank - Online | 7.49 |
ICBC | 7.49 |
Unity | 7.64 |
Co-operative Bank - Owner Occ | 7.65 |
Co-operative Bank - Standard | 7.65 |
Credit Union Auckland | 7.70 |