Mortgage rate U-turn: BNZ cuts long-term rates, 3yr loan dips back under 5%
The largest cut, a 40bps drop, will see the five-year fixed home loan rate fall from 5.69% to…
‘I’m 70 and live with five strangers’ Retirees flock to flat sharing as pensions fail to cover rent
Retirees across Britain are increasingly turning to flatsharing as rising rents and living costs outpace their pension income.…
Mortgage repayments set to fall to lowest levels since 2021 in boost for millions of homeowners
Mortgage affordability in Britain could soon look more like it did during the low-rate period of 2021, offering…
ANZ hikes longer-term fixed mortgage rates, increases interest rates on term deposits
Only ANZ’s six-month fixed home loan rate will fall from 5.29% to 5.09% – a decrease of 20…
If the Reserve Bank starts the year with a rate hike, you can’t say it didn’t warn us
If you walk away from a central banker unsure whether they are leaning towards hiking or holding interest…
Bank switching among mortgage holders spiked in December, soaring past previous record
Indeed, they put cashbacks worth up to $30,000 on the table in late 2025. Davidson said borrowers putting…
Westpac hikes longer-term fixed home loan rates, cuts six-month rate
The rates for four-year terms are also increasing for both special and standard rates by 0.1%, up to…
Firefighter overpaying mortgage due to fears over effects of pension gap – The Irish Times
A firefighter has said she is overpaying her mortgage every month because she fears that when she retires…
China’s consumer spending push faces major challenge – debt-averse households
Chinese households have accelerated deleveraging – cutting debt relative to gross domestic product – at the fastest pace…
New Zealand house prices flat in 2025 as sales jump 10%
Despite the lift in transactions, renewed demand did not trigger a fresh price spike. House prices steady as…
Mortgage rates: Bunch of floating borrowers miss the boat on lowest rates
The reason rates rose, despite the OCR cut, was that traders in financial markets weren’t expecting the Reserve…
Best of Inside Economics: Why can’t we fix our mortgage for 30 years like Americans?
Or there is a sliding scale of fees over a five-year basis then no fee. None of the…