One OCR hike pencilled in by Westpac

Westpac economists reckon there will be just one OCR hike this year and have pencilled it in for December after the election.

When will the first OCR increase occur?

Economist Tony Alexander says based on the  Australian rate looking like it will be raised from 3.6% before the middle of this year, the New Zealand OCR will comfortably rise before the end of the year.

Open banking making life easier for advisers and lenders

Early adopter advisers and lenders are now using regulated open banking connections to make it easier for people to apply for a home loan.

Queenstown not off the radar for first home buyers

First home buyers are not being deterred by Queenstown’s soaring house prices.

Today's Rate Changes

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Property News

New rules for meth contaminated houses

New rules for meth contaminated houses

REINZ welcomes regulation of methamphetamine contamination in rental housing.

Leaving last year's stumbling housing market behind

Leaving last year's stumbling housing market behind

As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.

Don’t bet on house prices rising faster than incomes

Don’t bet on house prices rising faster than incomes

Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.

Top Mortgage Rates

Unity First Home Buyer special 3.99
SBS FirstHome Combo 3.99
ICBC 4.25
Co-operative Bank - First Home Special 4.35
Co-operative Bank - Owner Occ 4.45
Kainga Ora 4.49
Kiwibank Special 4.49
SBS Bank Special 4.49
TSB Special 4.49
Unity Special 4.49
AIA - Go Home Loans 4.49
TSB Special 4.00
Kainga Ora 4.49
Kiwibank Special 4.49
Nelson Building Society 4.59
ICBC 4.59
Unity Special 4.65
SBS Bank Special 4.69
ANZ Special 4.69
BNZ - Std 4.69
AIA - Go Home Loans 4.75
Westpac Special 4.75
ICBC 4.99
Kainga Ora 5.15
SBS Bank Special 5.29
Westpac Special 5.29
BNZ - Std 5.29
Kiwibank Special 5.39
TSB Special 5.39
AIA - Go Home Loans 5.45
ASB Bank 5.45
Co-operative Bank - Owner Occ 5.49
BNZ - Classic 5.59
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 3.95
Co-operative Bank - Standard 4.99
Co-operative Bank - Owner Occ 4.99
Heartland Bank - Online 5.30
ICBC 5.39
Kiwibank 5.65
Kiwibank - Offset 5.65
Kainga Ora 5.69
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People News

Prasad shifts to Pepper Money

Prasad shifts to Pepper Money

Experienced business development manager Ashlene Prasad has left CFML Loans to join Pepper Money as a senior BDM.

Squirrel invests in taking The Squirrel Effect to Kiwis

Squirrel invests in taking The Squirrel Effect to Kiwis

Squirrel has appointed Abi Cooke into the role of chief marketing officer.

FMT appoints national strategic partnerships manager

FMT appoints national strategic partnerships manager

FMT makes appointment to replace Bruce Smith.

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KiwiSaver News

Kiwimonster offers advisers KiwiSaver insights

Kiwimonster offers advisers KiwiSaver insights

A new tool will give advisers more information to help them make KiwiSaver decisions with their clients.

Paying advisers for KiwiSaver advice

Paying advisers for KiwiSaver advice

Amova (nee Nikko) has rolled out a new remuneration option for advisers offering KiwiSaver advice.

Super alone won’t cut it in retirement

Super alone won’t cut it in retirement

New expenditure guidelines show how much New Zealanders need in their KiwiSaver to retire comfortably.