Article tagged with 'RBNZ'
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Non-bank lending balloons
06 May 2026 - The Reserve Bank says residential mortgage lending by non-banks has risen about 30% since the deposit insurance scheme came into force from July 1 last year.
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OCR on hold
08 Apr 2026 - The Reserve Bank has kept the OCR unchanged. Here's what it said.
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Decisions on DTIs and LVRs to be in the hands of new RBNZ committee
08 Oct 2025 - The RBNZ is forming a new financial policy committee that will make decisions on debt-to-income (DTIs) and loan to value ratios (LVRs) for lending.
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More buyers with low deposits getting into housing market
12 Sep 2025 - Westpac says there are signs that more marginal borrowers are being drawn into buying homes.
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Mortgage borrowers drop short term fixes and flock to one-year rates
05 Sep 2025 - One-year fixed term mortgages are flavour of the month for new mortgage borrowers – a sign mortgage holders believe rates have further to fall.
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Switching lenders reaches record
28 Aug 2025 - A new high of $2.6 billion in mortgage money changed lenders last month.
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Kiwi, BNZ and ASB gained mortgage market share in June qtr
27 Aug 2025 - Kiwibank continued to gain market share of mortgages in the June quarter, along with BNZ and ASB, while both ANZ and Westpac lost market share.
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Quick strategies needed for banking competition
27 Aug 2025 - Recommendations in the recently released Finance & Expenditure Select Committee inquiry into banking competition are on the right track to encourage competition, Squirrel Mortgages says.
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Kiwibank's mortgage lending accelerated in the 2nd half
22 Aug 2025 - Kiwibank stepped up lending on mortgages in its second half, taking growth for the full year to almost double its market share.
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Re-fixing holdouts may have had the right strategy as RBNZ turns dovish
21 Aug 2025 - Mortgage holders who have been hanging out on short-term fixed rates, hoping that longer-term rates still had further to fall, may be proven to have had the right strategy.