GoodReturns | NZ’s financial adviser news-item centre

Westpac loaded up on home loans in the Dec Qtr after a quiet period

Westpac loaded up on home loans in the Dec Qtr after a quiet period

Westpac charged back into the mortgage market in the December quarter, lending a net $874.4 million in new housing loans after a quiet September quarter when it lent just $88.2 million in new housing loans, according to the Reserve Bank's bank financial strength dashboard.

Fri, Mar 1st 2024 12:06PM

Rising bank funding costs to put upward pressure on mortgage rates: RBNZ

Rising bank funding costs to put upward pressure on mortgage rates: RBNZ

RBNZ holds OCR at 5.5%; no cuts until mid-2025

RBNZ holds OCR at 5.5%; no cuts until mid-2025

BREAKING: OCR 5.50% - Monetary Policy remains restrictive

BREAKING: OCR 5.50% - Monetary Policy remains restrictive

Insurance an increasing concern for mortgage advisers

Insurance an increasing concern for mortgage advisers

Takeover offer made for Prospa

Takeover offer made for Prospa

Reaching towering levels of sales

Reaching towering levels of sales

RBNZ piloting a plane without knowing how hot the engine is running

RBNZ piloting a plane without knowing how hot the engine is running

Much higher OCR not impossible - ANZ

Much higher OCR not impossible - ANZ

Kiwibank accounted for 25% of all bank mortgage lending in Dec half year

Kiwibank accounted for 25% of all bank mortgage lending in Dec half year

ASB has only 370 distressed home loan customers

ASB has only 370 distressed home loan customers

ASB admits advisers don't like its pricing

ASB admits advisers don't like its pricing

ASB's mortgage book shrank $518m from June

ASB's mortgage book shrank $518m from June

Survey shows inflation expectations falling – good news for RBNZ

Survey shows inflation expectations falling – good news for RBNZ

RBNZ cries wolf – Kiwibank

RBNZ cries wolf – Kiwibank

NZers adjustment to higher rates about 80% complete: RBNZ

NZers adjustment to higher rates about 80% complete: RBNZ

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