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Thursday, September 28th 2017
RBNZ announces OCR decision
Acting governor Grant Spencer reveals what was behind the Reserve Bank's decision.
News > Mortgage News
Thursday, September 28th 2017
Acting governor Grant Spencer reveals what was behind the Reserve Bank's decision.
Tuesday, August 01st 2017
The bank says around a third of its business now comes from advisers and chief executive Shaun Drylie gives his views on commission models.
Thursday, June 22nd 2017
The Reserve Bank today left the Official Cash Rate unchanged while saying major challenges remain.
Thursday, May 11th 2017
The Reserve Bank’s decision to hold the OCR at 1.75% was expected, but economists are surprised at its projection the OCR will remain on hold until late 2019.
Monday, May 08th 2017
An official cash rate cut this week would come as a major surprise to all economists.
Tuesday, May 02nd 2017
ANZ's operations in New Zealand have reported a 24 per cent increase in profit in the first half of the financial year, to $928 million.
Monday, April 24th 2017
It seems that locally owned banks rule the roost when it comes to customer satisfaction, with three New Zealand banks taking out the top awards in Consumer NZ’s latest awards.
Wednesday, April 12th 2017
Concerns over the activities of brokers at Brilliant Finance Ltd have led Mortgage Express to cut their ties with them and go to the Financial Markets Authority (FMA).
Thursday, April 06th 2017
Recent increases in mortgage rates are set to continue, but this will help ease the risks house price inflation poses to New Zealand banks, Standard & Poors says.
Friday, March 31st 2017
Personalised rates based on credit scores will now be available for personal loans at the Co-operative Bank which has adopted a risk-based approach to applications.
Thursday, March 23rd 2017
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.
Thursday, March 23rd 2017
Wednesday, March 08th 2017
Poor housing affordability in Auckland is a credit negative for New Zealand covered bonds backed by mortgages in the city, according to a global ratings service.
Tuesday, March 07th 2017
Debt-to-income ratios (DTIs) and the redirection of tax incentives away from housing would help tackle the risks posed by New Zealand’s housing market, the IMF says.
Thursday, March 02nd 2017
UPDATED: There’s equal probability that the next OCR move could be up or down as the risks around inflation are evenly balanced, the Reserve Bank governor says.
Wednesday, March 01st 2017
Both Standard & Poors and Moody’s have downgraded Kiwibank’s credit rating in response to the expiry of a guarantee following ownership changes last year.
Monday, February 27th 2017
Ongoing downward trend in investor lending is exposed by the Reserve Bank’s latest mortgage lending data, which highlights the housing market’s slowdown.
Monday, February 20th 2017
Funding pressures and infrastructure spending are to blame for a 13% decline in Kiwibank’s net after-tax profit in the last half of 2016.
Thursday, February 16th 2017
Expect slower lending growth and rising interest rates this year as banks respond to developments in 2016, the latest KPMG Financial Institutions Performance Survey says.
Friday, February 10th 2017
New report says the way forward for banking may be to target a niche group of customers and offer a smaller range of easier-to-understand products, particularly mortgages.
| 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 |
