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No good fixing long term at the peak
Mortgage Rates Commentary

No good fixing long term at the peak

Thu, Jun 1st 2023 11:43AM

Kiwis getting used to high interest rates but warned not to fix for long

Kiwis getting used to high interest rates but warned not to fix for long

3 min read
 Chubb Life increases rates to underlying premiums

Chubb Life increases rates to underlying premiums

2 min read
Property prices fall at slower rate as trough is close

Property prices fall at slower rate as trough is close

8 min read

First home buyers back in action

The Reserve Bank’s latest mortgage data shows first home buyers' share of new mortgages in April rose to 24.2% – the highest share on record.

2 min read
First home buyers back in action
Second court appearance for fund manager accused of assault

An Auckland investment fund manager charged with wounding with intent to injure and burglary after an alleged attack that left a retiree blind in one eye has made his second appearance in court.

2 min read
Second court appearance for fund manager accused of assault
SBS's profit down, but FHB lending up

1 min read
SBS's profit down, but FHB lending up
SBS home loans, redeemable share dividends, jump as profits fall

SBS Bank’s annual net profit fell nearly 15%, reflecting a big jump in dividends on its redeemable shares and a more than doubling of charges against profit for bad debts.

3 min read
SBS home loans, redeemable share dividends, jump as profits fall
How much you need in today's market to avoid mortgage stress?

1 min read
 How much you need in today's market to avoid mortgage stress?
Huge chunk of income needed for average house

Auckland households need to earn a whopping $219,000 to repay the mortgage and avoid financial stress.

2 min read
Huge chunk of income needed for average house
Ashley Bloomfield joins up with Southern Cross

Sir Ashley Bloomfield has joined with Southern Cross to promote good mental health and wellbeing for tamariki.

2 min read
Ashley Bloomfield joins up with Southern Cross
Life industry grapples with Level 5 stragglers

The life insurance industry is grappling with stragglers who failed to meet the mid-March deadline for achieving Level 5 of the New Zealand Certificate in Financial Services,

3 min read
Life industry grapples with Level 5 stragglers
Milford appoints new head for bond funds

Milford Asset Management has appointed a new lead portfolio manager for its trans-Tasman bond fund and its global corporate bond fund.

1 min read
Milford appoints new head for bond funds
OCR forecasts - Not over yet

1 min read
OCR forecasts - Not over yet
AIA awarded Accessibility Tick

AIA  has been awarded the Accessibility Tick in recognition of its demonstrated commitment to accessibility, neurodiversity and disability inclusion.

1 min read
AIA awarded Accessibility Tick
Ballantyne announces her future plans

Following the sale of Partners Life to Dai-ichi, founder and managing director Naomi Ballantyne outlines her future plans.

2 min read
Ballantyne announces her future plans
No division in RBNZ, Orr says; LVR easing confirmed

1 min read
No division in RBNZ, Orr says; LVR easing confirmed
RBNZ details eased LVR restrictions

The Reserve Bank has confirmed its proposal to ease mortgage loan-to-value ratio (LVR) restrictions.

1 min read
RBNZ details eased LVR restrictions
Mortgage deal dubbed first of its kind in NZ

Squirrel Mortgages has partnered with residential developer Avant and iwi Te Ākitai Waiohua to offer a discounted two-year mortgage rate of 3.95% to eligible buyers at Wirihana, a development in Auckland’s Wiri suburb.

2 min read
Mortgage deal dubbed first of its kind in NZ
RBNZ's Orr says committee isn't divided

Reserve Bank governor Adrian Orr rejected the suggestion by Act Party leader David Seymour that the monetary policy committee (MPC) is divided.

3 min read
RBNZ's Orr says committee isn't divided

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