Why fixed mortgage rates are headed up already after Reserve Bank cuts – Inside Economics
Banks’ answer is that their rates had already “priced in” the OCR reductions. But they need to produce…
Westpac lifts longer-term mortgage and term deposit rates by whopping 30 basis points
Indeed, Westpac said wholesale rate rises were behind its decision to lift its two-, three-, four- and five-year…
Reserve Bank Governor Christian Hawkesby comfortable, despite markets suggesting fixed mortgage rates might rise soon
Asked on Thursday morning what he made of swap rates rising, Hawkesby told the Herald, “I think we…
Lifting Kiwisaver contributions to 12% makes sense – when the whole scheme is fixed
But the timing could not be worse. Nearly 26% of New Zealanders say they’re struggling to get by…
Mortgage rates: TSB introduces 4.39% one-year fixed rate, putting bank ahead of competitors
“As a community-owned bank, we’re here to support Kiwi, and this is one of the ways we’re showing…
ASB cuts fixed term morgtage rates: New 18-month rate of 4.45% puts bank ahead of others
ASB’s 18-month rate comes down to 4.45%, just lower than ANZ, BNZ, and Westpac’s 4.49%. Its two-year rate…
ASB, Westpac cut fixed mortgage rate to 4.49%, latest banks to drop after ANZ, BNZ ahead of OCR
The move sees the bank’s fixed one-year rate drop by 26 basis points (bps). Westpac’s fixed six-month rate…
Mortgage rate cuts: ANZ drops fixed rate below 4.5% day after BNZ as OCR decision due next week
She said ANZ was continuing to review home loan rates in response to international and local market conditions,…
BNZ cuts one-year fixed mortgage rate below 4.5% as next OCR decision looms
“For someone moving from our current average one-year rate of 5.19% per annum, with a $500,000 mortgage over…
Punters left reeling as huge outsider Affirmative Action is all action in Sir Colin Meads Trophy
“We’ve been waiting for him for a long time as we had tried to get him going as…