Results: Mortgage Rates
Tony Alexander: Rate cuts are likely to be short term only
Margins are below average for terms of three years and longer. This tell us that unless there's a change in borrowing costs, anyon...
Tony Alexander: Banks yet to come to the party
The RBNZ recently removed loan-to-value ratio rules, but banks are yet to pass this on to home buyers. In fact, borrowers are havi...
Tony Alexander: A six-decade journey for NZ interest rates
About three-quarters of all residential properties in New Zealand have a mortgage over them, amounting to almost $300 billion. So, what happens with interest rates can have a big impact on the willingness and ability of most Kiwis to spend and save.
The rate drop we didn't see coming
It started with ANZ slashing their rates and now the other mainstream banks are jumping on the bandwagon, each with different approaches.
A new record-low for interest rates
Retail banks were called out by the deputy governor of the RBNZ for not passing their lower prices down to home loan borrowers. ANZ seems to have listened.
Can mortgage rates drop any further?
Since the country has settled into Alert Level Two, we're now starting to see retail banks lowering their interest rates. But are home loan borrowers getting the benefit of cheap wholesale rates?