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: Tuesday, June 22nd, 6:16PM

Mortgages

Mortgage Rates Daily Commentary
Tuesday 22 June 2021  Add your comment
Investor activity falls; Astute helps newcomers; ICBC rate changes

More than half of mortgage advisers reported a decrease in investor activity over the past month, according to a new survey from economist Tony Alexander: [READ ON] 

Adviser group Astute Financial has launched a mentorship scheme to guide new entrants in the industry: [READ ON]

ICBC rate changes this morning. The bank has cut 1 year and 18 month fixed rates to 2.15%, but 3, 4, and 5 year terms rise.

rss
Latest Headlines

Investor activity falls

More than half of mortgage advisers reported a decrease in investor activity over the past month, according to a new survey from economist Tony Alexander.

Tuesday, June 22nd, 7:57AM

A net 53% of respondents to Alexander's monthly mortgage adviser survey reported a decrease in the number of investors coming forward for mortgage advice.

While the figure marks a slight improvement on previous months, the data point "clearly signals substantial wariness on the part of investors", Alexander said.

A net 78% of respondents noted a decrease in investor...MORE»

Astute launches mentorship scheme

Tuesday, June 22nd, 7:42AM

Adviser group Astute Financial has launched a mentorship scheme to guide new entrants into the industry.

MORE»

Interest rate hike expectations grow

Monday, June 21st, 12:57PM

The recent surge in economic growth has increased the odds of an official cash rate hike in February, according to Kiwibank economists.

MORE»

 

Previous News

Simplicity cuts floating rate to 1.9%

Friday, June 18th, 11:03AM

Default KiwiSaver provider Simplicity has slashed its variable rate mortgage to 1.9%, one of the lowest rates available in the market.

MORE»

ANZ predicts February OCR hike following GDP growth

Thursday, June 17th, 12:48PM

ANZ economists predict the official cash rate will begin to rise in February, after the New Zealand economy roared back into life in the first quarter.

MORE»

ASB repays $9m over break-fee blunder

Thursday, June 17th, 12:35PM

ASB has been censured by the Commerce Commission after over-charging break-fees to home loan customers.

MORE»

Adviser concern over DTI threat

Thursday, June 17th, 9:07AM

Mortgage advisers have raised concerns about the implementation of debt-to-income limits after the Reserve Bank paved the way for their future use.

MORE»

What DTI limits might look like

Wednesday, June 16th, 4:06PM

The Reserve Bank has added debt-to-income limits to its regulatory toolkit, and a recent memo from the central bank reveals the potential settings for the new rules if they come into effect.

MORE»

MORE NEWS»

Mortgage Rates Table

Full Rates Table | Compare Rates

Lender Flt 1yr 2yr 3yr
AIA 4.55 2.19 2.59 2.99
ANZ 4.44 2.79 3.19 3.59
ANZ Special - 2.19 2.59 2.99
ASB Back My Build 1.79 - - -
ASB Bank 4.45 2.19 2.59 2.99
Basecorp Finance 5.49 - - -
Bluestone 3.49 3.34 2.99 3.34
BNZ - Classic - ▼2.19 2.55 2.99
BNZ - Mortgage One 5.15 - - -
BNZ - Rapid Repay 4.60 - - -
BNZ - Std, FlyBuys 4.55 ▼2.79 3.15 3.59
Lender Flt 1yr 2yr 3yr
BNZ - TotalMoney 4.55 - - -
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 5.95 - - -
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 1.95 1.85 2.35 2.45
Heretaunga Building Society 4.99 3.80 3.90 -
HSBC Premier 4.49 2.19 2.45 2.69
Lender Flt 1yr 2yr 3yr
HSBC Premier LVR > 80% - - - -
HSBC Special - 2.25 - -
ICBC 3.69 ▼2.15 2.35 ▲2.75
Kainga Ora 4.43 2.67 2.97 3.13
Kainga Ora - First Home Buyer Special - 2.25 - -
Kiwibank 3.40 3.04 3.40 3.84
Kiwibank - Offset 3.40 - - -
Kiwibank Special 3.40 2.19 2.55 2.99
Liberty 5.69 - - -
Nelson Building Society 4.95 3.20 3.24 -
Pepper Essential 4.79 - - -
Lender Flt 1yr 2yr 3yr
Resimac 3.39 2.98 2.79 3.29
SBS Bank 4.54 2.69 2.99 3.29
SBS Bank Special - 2.19 2.49 2.79
Select Home Loans 3.49 3.34 2.99 3.34
The Co-operative Bank - First Home Special - ▼1.99 - -
The Co-operative Bank - Owner Occ 4.40 ▼2.19 2.59 ▲2.99
The Co-operative Bank - Standard 4.40 ▼2.69 3.09 ▲3.49
TSB Bank 5.34 2.99 3.35 3.79
TSB Special 4.54 2.19 2.55 2.99
Wairarapa Building Society 4.99 3.55 3.49 -
Westpac 4.59 ▼2.79 3.19 3.59
Lender Flt 1yr 2yr 3yr
Westpac - Offset 4.59 - - -
Westpac Special - ▼2.19 2.59 2.99
Median 4.55 2.68 2.99 2.99

Last updated: 22 June 2021 9:57am

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  |  Disclaimer
 
Site by Web Developer and eyelovedesign.com