Mortgage borrowers catch up on arrears

As economic struggles push the country towards stagflation, borrowers with mortgage arrears continue to decline.

ANZ's reliance on mortgage advisers eases a little

Mortgage advisers originated 58% of ANZ Bank New Zealand’s home loans in the six months ended March, down from 59% in the same six months a year earlier.

One-year fixed spot on for borrowers - ANZ

ANZ economists see little value in fixing mortgages for more than one year from a pure cost perspective.

Economists at war over OCR forecasts

ANZ suggests the RBNZ will rise three times this year. Kiwibank says "reckless" rate hikes unwarranted.

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 3.95
SBS FirstHome Combo 4.19
Kiwibank Special 4.49
ICBC 4.49
Co-operative Bank - First Home Special 4.55
Unity Special 4.59
TSB Special 4.59
Kainga Ora 4.59
BNZ - Std 4.65
ASB Bank 4.65
AIA - Go Home Loans 4.65
ICBC 4.89
Kiwibank Special 4.89
Kainga Ora 4.95
China Construction Bank 4.95
Nelson Building Society 5.09
Unity Special 5.09
BNZ - Std 5.09
SBS Bank Special 5.19
Westpac Special 5.19
TSB Special 5.19
AIA - Go Home Loans 5.25
Westpac Special 5.59
ICBC 5.65
Kainga Ora 5.69
TSB Special 5.79
SBS Bank Special 5.79
BNZ - Std 5.79
Kiwibank Special 5.79
AIA - Go Home Loans 5.89
ASB Bank 5.89
Co-operative Bank - Owner Occ 5.89
China Construction Bank 5.99
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 Special 5.65
Kiwibank - Offset 5.65
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People News

New BDM at FMT

New BDM at FMT

FMT adds Tauranga-based BDM

Loan Market adviser becomes RM

Loan Market adviser becomes RM

Loan Market adviser Ryan Amoore has shifted to the corporate team as a Regional Manager.

Cressida adds to its team

Cressida adds to its team

Specialist lender Cressida Capital has appointed a new property finance analyst.

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KiwiSaver News

KiwiSaver value for money not set and forget

KiwiSaver value for money not set and forget

Financial advisers need to remember that value-for-money is an ongoing expectation in KiwiSaver, one financial advice technology specialist says, not something that can be dealt with once and ticked off.

FMA takes pulse of KiwiSaver private assets

FMA takes pulse of KiwiSaver private assets

KiwiSaver managers are likely to expand their allocation to private assets in the coming years, the Financial Markets Authority says, but one investment adviser says there should be more demand for it than there is.

Industry wary of KiwiSaver changes

Industry wary of KiwiSaver changes

KiwiSaver providers are cautiously supportive of changes to make it easier for farmers to buy homes – but would prefer the tinkering with the system stopped.