New Zealand personal loan delinquencies hit three-year high
KAREN JOY BACUDO Finance Editor Personal loan delinquency rates in New Zealand rose to 5.95% in April, their…
Grammy-winning singer Peabo Bryson dies aged 75
His relatives said they were “tremendously moved by the outpouring of love, prayers and support from fans, friends,…
BNZ undercuts rivals Kiwibank, ANZ and Westpac as it hikes key mortgage rates
ANZ had also lifted its special one-year fixed rate by 10bps to 4.69%. ASB has the lowest one-year…
The end of the affair – Kiwis cease flirtation with super-short fixed mortgage terms
What a difference a year makes. In January of this year, kiwi owner-occupiers took out over $2.7 billion…
‘Longer is stronger’ mortgage shift continues
The ‘longer is stronger’ move in the mortgage market exploded in December and then continued strongly in January,…
Record portion of new lending goes to first-home buyers with small deposits as bank lending rules loosened
Furthermore, the Reserve Bank loosening the LVR restrictions it imposes on banks in December gave banks more leeway…
Westpac economists see OCR at 4% by end of next year
Westpac economists are forecasting that the Official Cash Rate (OCR) will hit 4% by the end of next…
Two-year fixed mortgages roar back into favour with home owners
The previously fashionable, but recently deserted, two-year fixed term mortgages roared back into favour with home owners in…
Mortgage yields head down towards 5%
What goes up, will come down – just not maybe as quickly as we might want and imagine.…
September RBNZ Official Cash Rate rise predicted
BNZ economists think the Reserve Bank will raise the Official Cash rate in September but won’t express that…
It’s a stampede! Mortgage holders race from floating to fixed
They waited and then they acted. And boy, did they act. Big numbers of home owners clearly wanted…
Residential property investors top $100 bln mortgage mark in what was a surprisingly busy year for them
Residential property investors hit the $100 billion mortgage mark in 2025 and are growing their outstanding mortgage pile…