Results: Lending
Competition keeping mortgage rates in check, despite rise in wholesale rates
Wholesale rates have gone up slightly in the wake of our latest 0.25% OCR cut, raising concerns that mortgage rates may follow sui...
Another OCR cut in the bag—and we're almost at the bottom of the rate cycle
The Reserve Bank dropped the OCR by a further 0.25% this week, down to 3.25%—meaning we're now within reaching distance of the bot...
Another OCR drop expected—will mortgage rates follow suit?
We're a week out from our next OCR announcement on 28 May, and the expectation is that we're in for another 0.25% cut from the RBN...
Changes ahead for home buyers
From this Friday, home buyers who want to withdraw from a purchase the finance clause may be asked to provide evidence.
"Kiwibuild was a lever, not an outcome"
The Government announced that they would be dropping the 100,000 KiwiBuild homes in 10 years scheme, describing the plan as "overly ambitious".
More homes set to enter the Auckland market
According to Statistics NZ and interest.co.nz, the number of new dwellings being consented in Auckland has doubled over the last five years.
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New Zealand
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New Zealand
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