ASB, BNZ, Kiwibank slash rates
ASB and BNZ have joined their big four rivals in slashing their one year special rates to 2.29%, while Kiwibank has also made cuts, as downward pressure continues in the home loan market.
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Westpac drops negative OCR call
Westpac has dropped its prediction for a negative official cash rate due to the red-hot housing market.
Mortgage price wars heat up
ANZ has followed Westpac in slashing its one year special rate to 2.29%, the joint lowest "big four" rate in the market.
Market momentum tipped to continue
Economists predict that the red-hot housing market will continue in the near-term, with listings not growing fast enough to meet demand.
Why we won't get negative rates
ASB has become the latest bank to reverse its forecast for a negative official cash rate.
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ANZ predicts fewer OCR cuts
ANZ has revised its forecast for the official cash rate, predicting only one cut next year to 0.1%.
Mortgage advisers against bright-line test extension
Mortgage advisers are strongly opposed to any extension of the bright-line test, as speculation mounts that the government will change the law.
Housing market to cool? Yeah Right
While MPs, bureaucrats, and others are calling for the housing market to be cooled, Kiwis don't think anything will happen.
Rate cuts continue at ASB, BNZ, Kiwibank
ASB and BNZ have announced cuts to their one year rates, slashing their specials to 2.29%.
BNZ has also cut its two year rate to 2.59%, as shorter term loans continue to fall.
Kiwibank has also announced cuts for Monday: [READ ON]
Check out all of the latest rates here.