Tuesday, February 25th 2025

How the big four compare

In this graph we compare the standard home loan rates from the big four banks. You will see quite divergent pricing.

Yield curve: Jan 27

Friday, January 27th 2023

Yield curve: Jan 27

Pepper spices up its birthday

Tuesday, October 12th 2021

Pepper spices up its birthday

Non-bank lender Pepper Money is going green for its 21st birthday.

Kiwibank lockdown rate hikes

Wednesday, September 22nd 2021

Kiwibank lockdown rate hikes

State-backed Kiwibank has followed the Australian-owned big four with lockdown rate hikes.

SBS operating surplus jumps, targets reverse mortgage growth

Friday, June 04th 2021

SBS operating surplus jumps, targets reverse mortgage growth

The SBS Group reported an operating surplus of $55.2 million for the year ending March 2021, up from $21.3 million in the previous 12 months.

HSBC fixed rates creep up

Wednesday, April 07th 2021

HSBC fixed rates creep up

HSBC has raised its 12 month and 18 month home loans above the 2% threshold as mortgage rates begin to edge up from record lows.

Avanti slashes near-prime mortgage rate

Thursday, February 04th 2021

Avanti slashes near-prime mortgage rate

Avanti has reduced its near-prime mortgage rate to under 4%, as non-bank lenders offer increasingly competitive loans.

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Harmoney floats

Harmoney floats

Thursday, November 19th 2020

Lender and former P2P specialist Harmoney has joined the stock market in Australia and New Zealand.

Pepper makes trail pledge

Pepper makes trail pledge

Monday, November 09th 2020

Pepper Money will keep paying trail to advisers with Covid-19 affected clients until the end of next year.

Financial Markets Authority takes ANZ to court

Financial Markets Authority takes ANZ to court

Friday, June 05th 2020

The Financial Markets Authority has filed court proceedings against ANZ New Zealand over issues with credit card repayment insurance policies.

Simplicity launches 2.5% floating rate

Simplicity launches 2.5% floating rate

Thursday, May 28th 2020

KiwiSaver provider Simplicity has launched a 2.5% floating rate mortgage for first home buyers, becoming the cheapest home loan in New Zealand.

New record low mortgage rate at 2.8%

New record low mortgage rate at 2.8%

Monday, May 04th 2020

China Construction Bank has slashed its one year mortgage rate to just 2.8%, becoming a new record low for the New Zealand market. 

ANZ capital failings highlighted

ANZ capital failings highlighted

Friday, April 17th 2020

ANZ New Zealand failed to control internal processes concerning its capital modelling systems, according to new report.

TSB one-year falls to 3.09%

TSB one-year falls to 3.09%

Thursday, March 26th 2020

TSB is the latest bank to slash fixed rates after the Reserve Bank's emergency OCR cut last week, cutting its one year rate to 3.09%

ASB matches 3.05% rate

ASB matches 3.05% rate

Wednesday, March 25th 2020

ASB is the latest bank to slash fixed rates, matching ANZ's one year price of 3.05%.

SBS and HSBC latest to cut floating rates

SBS and HSBC latest to cut floating rates

Friday, March 20th 2020

Two more banks have slashed fixed rates following the Reserve Bank's emergency Official Cash Rate on Monday. 

Resimac moves into asset finance

Resimac moves into asset finance

Monday, December 16th 2019

Australian non-bank lender Resimac has moved into the asset finance sector with the acquisition of finance company IA Group.

Westpac given all-clear on capital

Westpac given all-clear on capital

Monday, November 04th 2019

Westpac New Zealand has retained its accreditation to use its own capital model after completing a "remediation process" enforced by the Reserve Bank.

LVR rules could be permanent: Bascand

LVR rules could be permanent: Bascand

Monday, July 01st 2019

LVR restrictions on mortgage lending could be a "permanent setting", according to Reserve Bank deputy governor Geoff Bascand.

I hope you can help me fundraise $20,000 to help mend broken hearts

I hope you can help me fundraise $20,000 to help mend broken hearts

Tuesday, April 16th 2019

The Co-Operative Bank chief executive David Cunningham is aiming to fundraise $20,000 to help mend broken hearts. Here's his message:

BNZ finds partner for shared ownership scheme

BNZ finds partner for shared ownership scheme

Friday, April 12th 2019

BNZ has partnered up with finance company YouOwn on a shared ownership scheme aimed at first home buyers.

SBS FirstHome Combo 4.29
Unity First Home Buyer special 4.69
Co-operative Bank - First Home Special 4.89
ANZ Special 4.99
SBS Bank Special 4.99
ASB Bank 4.99
TSB Special 4.99
Kiwibank Special 4.99
Westpac Special 4.99
Co-operative Bank - Owner Occ 4.99
ICBC 4.99
Wairarapa Building Society 4.75
Nelson Building Society 4.97
Kainga Ora 4.99
SBS Bank Special 4.99
Co-operative Bank - Owner Occ 4.99
Unity 4.99
TSB Special 4.99
ANZ Special 4.99
ASB Bank 4.99
AIA - Go Home Loans 4.99
Westpac Special 4.99
Westpac Special 5.39
ICBC 5.49
BNZ - Classic 5.59
Co-operative Bank - Owner Occ 5.69
ASB Bank 5.69
SBS Bank Special 5.69
AIA - Go Home Loans 5.69
BNZ - Std 5.79
Kiwibank Special 5.79
Kainga Ora 5.79
TSB Special 5.89
SBS FirstHome Combo 4.19
AIA - Back My Build 4.44
CFML 321 Loans 5.25
Co-operative Bank - Owner Occ 6.20
Co-operative Bank - Standard 6.20
Heartland Bank - Online 6.25
Kainga Ora 6.44
Kiwibank Special 6.50
Kiwibank - Offset 6.50
ICBC 6.50
Kiwibank 6.50