OCR increases should start sooner rather than later
ASB’s economists are favouring OCR hikes to start in July while Westpac thinks September is the right time.
ASB’s economists are favouring OCR hikes to start in July while Westpac thinks September is the right time.
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Basecorp has closed out another securitisation programme raising funds for future lending.
While house prices move up at a glacial pace first home buyers are taking advantage of the hollowed-out market to buy and get what they want.
Cashback campaign cost banks millions for little change in mortgage customer share
The Reserve Bank says residential mortgage lending by non-banks has risen about 30% since the deposit insurance scheme came into force from July 1 last year.
REINZ welcomes regulation of methamphetamine contamination in rental housing.
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.
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.
| 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 |
| Kainga Ora | 4.59 |
| TSB Special | 4.59 |
| Co-operative Bank - Owner Occ | 4.65 |
| ASB Bank | 4.65 |
| BNZ - Std | 4.65 |
| Kiwibank Special | 4.89 |
| ICBC | 4.89 |
| China Construction Bank | 4.95 |
| Kainga Ora | 4.95 |
| Nelson Building Society | 5.09 |
| Unity Special | 5.09 |
| SBS Bank Special | 5.19 |
| TSB Special | 5.19 |
| Westpac Special | 5.19 |
| BNZ - Std | 5.19 |
| AIA - Go Home Loans | 5.25 |
| Westpac Special | 5.59 |
| ICBC | 5.65 |
| Kainga Ora | 5.69 |
| SBS Bank Special | 5.79 |
| Kiwibank Special | 5.79 |
| BNZ - Std | 5.79 |
| TSB Special | 5.79 |
| ASB Bank | 5.89 |
| AIA - Go Home Loans | 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 - Owner Occ | 4.99 |
| Co-operative Bank - Standard | 4.99 |
| Heartland Bank - Online | 5.30 |
| ICBC | 5.39 |
| Kiwibank | 5.65 |
| Kiwibank Special | 5.65 |
| Kiwibank - Offset | 5.65 |
Small business lender Prospa adds two new Business Development Managers.
FMT adds Tauranga-based BDM
New Zealanders may be underestimating how much they need to save for retirement – and calculators that tell different stories aren’t helping, one consultant says.
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.
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.
Some economists are calling for early OCR hikes
OCR increases should start sooner rather than later [READ ON]
Finbase adds former Westpac BDM