tmmonline.nz  |   landlords.co.nz        About Good Returns  |  Advertise  |  Contact Us  |  Terms & Conditions  |  RSS Feeds

NZ's Financial Adviser News Centre

GR Logo
Last Article Uploaded: Saturday, April 17th, 3:12PM

Mortgages

Mortgage Rates Daily Commentary
Friday 16 April 2021  Add your comment
Banks given clean bill of health — but will Aussie lenders sell NZ operations?

New Zealand's biggest banks and non-bank lenders remain in a robust position despite the pandemic, according to rating agency Standard & Poor's.

S&P has predicted a possible shake-up of the NZ banking landscape due to the Reserve Bank's new capital requirements: [READ ON]

rss
Latest Headlines

Banks and non-banks given clean bill of health

New Zealand's biggest banks and non-bank lenders remain in a robust position despite the pandemic, according to rating agency Standard & Poor's.

Thursday, April 15th, 1:09PM  1 comment

S&P's annual report on the NZ banking system – which includes a review of non-banks Avanti, Liberty and Asset Finance – views the lenders as "stable".

The agency said: "In our view, the economic risk trend for banks operating in New Zealand is now stable. The country's economy is recovering strongly after the Covid-19 pandemic."

S&P...MORE»

Economists react as OCR kept on hold

Wednesday, April 14th, 2:24PM

The Reserve Bank has kept the official cash rate on hold, but said it is prepared to push rates lower if required. Economists predict a stable period of low rates ahead.

MORE»

OCR decision revealed

Wednesday, April 14th, 1:58PM

The Reserve Bank has kept the official cash rate on hold at 0.25%. Here's what the central bank said:

MORE»

 

Previous News

Rates could be on hold for four years

Tuesday, April 13th, 7:58AM

The Government's housing reforms will cause a fall in the housing market that could delay official cash rate hikes until 2025, according to Westpac economists.

MORE»

OCR Preview Survey: Rate to hold

Monday, April 12th, 9:10AM

Economists predict the official cash rate will remain on hold this week, with all eyes on the housing market as the Reserve Bank makes its latest statement.

MORE»

Valocity aims to cut valuation turnaround times

Friday, April 9th, 9:49AM

Property technology and data firm Valocity is working on new products to speed up valuation turnarounds, as processing times are hit by record housing demand.

MORE»

Reverse mortgage enquiries soar

Thursday, April 8th, 12:42PM

Heartland Bank has seen a 39% increase in reverse mortgage enquiries in the first quarter, as homeowners seek to release equity in a frothy housing market. 

MORE»

Are interest-only lending limits now less likely?

Wednesday, April 7th, 4:38PM

Reinstated loan-to-value ratio restrictions and the Government's housing reforms could make interest-only lending curbs less likely, according to a new report.

MORE»

MORE NEWS»

Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA 4.55 2.29 2.59 2.65
ANZ 4.44 2.89 3.25 3.39
ANZ Special - 2.29 2.69 2.79
ASB Bank 4.45 2.29 2.59 2.65
Basecorp Finance 5.49 - - -
Bluestone 3.49 3.34 2.99 3.34
BNZ - Classic - 2.29 2.59 2.79
BNZ - Mortgage One 5.15 - - -
BNZ - Rapid Repay 4.60 - - -
BNZ - Std, FlyBuys 4.55 2.89 3.19 3.39
BNZ - TotalMoney 4.55 - - -
Lender Flt 1yr 2yr 3yr
CFML Loans 4.95 - - -
China Construction Bank 4.49 4.70 4.80 4.95
China Construction Bank Special - 2.65 2.65 2.80
Credit Union Auckland 5.45 - - -
Credit Union Baywide 5.65 3.95 3.85 -
Credit Union South 5.65 3.95 3.85 -
First Credit Union Special 5.85 2.95 3.45 -
Heartland Bank - Online 2.50 1.99 2.35 2.45
Heretaunga Building Society 4.99 3.40 3.50 -
HSBC Premier 4.49 2.25 2.35 2.65
HSBC Premier LVR > 80% - - - -
Lender Flt 1yr 2yr 3yr
HSBC Special - 2.25 - -
ICBC 3.69 2.25 2.35 2.65
Kainga Ora 4.43 2.67 2.97 3.13
Kainga Ora - First Home Buyer Special - 2.25 - -
Kiwibank 3.40 3.20 3.50 3.50
Kiwibank - Offset 3.40 - - -
Kiwibank Special 3.40 2.35 2.65 2.65
Liberty 5.69 - - -
Nelson Building Society 4.95 3.20 3.24 -
Pepper Essential - - - -
Resimac 3.39 3.35 2.99 3.35
Lender Flt 1yr 2yr 3yr
SBS Bank 4.54 2.79 ▲2.99 ▲3.29
SBS Bank Special - 2.29 ▲2.49 ▲2.79
Select Home Loans 3.49 3.34 2.99 3.34
The Co-operative Bank - First Home Special - 2.09 - -
The Co-operative Bank - Owner Occ 4.40 2.29 2.59 2.79
The Co-operative Bank - Standard 4.40 2.79 3.09 3.29
TSB Bank 5.34 3.09 3.29 3.45
TSB Special 4.54 2.29 2.49 2.65
Wairarapa Building Society 4.99 3.55 3.49 -
Westpac 4.59 3.09 3.29 3.39
Westpac - Offset 4.59 - - -
Lender Flt 1yr 2yr 3yr
Westpac Special - 2.29 2.69 2.79
Median 4.55 2.73 2.99 2.80

Last updated: 12 April 2021 8:56am

Previous News

MORE NEWS»

News Bites
Compare Mortgage Rates
Compare
From
To
For

To graph multiple lenders, hold down Ctrl key while clicking in list box

Also compare rates to OCR
Find a Mortgage Broker

Add your company

Use map
About Us  |  Advertise  |  Contact Us  |  Terms & Conditions  |  Privacy Policy  |  RSS Feeds  |  Letters  |  Archive  |  Toolbox
 
Site by Web Developer and eyelovedesign.com