Guide2.co.nz - Home Loans News Feed

Kiwibank launches special two-year home loan rate

Wed, 15 May 2013 11:55:11 +1200

Kiwibank has switched its headline home loan special rate from one year to two years. The new two -year rate of 4.99% p.a. matches the lowest two-year rate last offered by Kiwibank in October 2012. The new rate is a reduction of 0.26%.

Why NZ must harness the 'brain gain' - new research

Sun, 12 May 2013 11:27:51 +1200

New Zealand needs to do more to harness the creative, economic potential offered by successful Kiwis returning home after long periods overseas, says a Massey sociologist.

Affordability issues? Let's hope interest rates stay low

Wed, 13 Mar 2013 08:07:02 +1300

Affordability issues? Let’s hope interest rates stay low!

If you’re a new homeowner with a large mortgage, you should perhaps be hoping that the economy doesn’t improve too much over the next few years …

HSBC offers NZ's lowest fixed three year rate in a decade

Wed, 27 Feb 2013 00:05:00 +1300

The end of summer is fast approaching, but HSBC Premier is keeping spirits up by dropping its three year home loan rate by 75 basis points to 4.99% per annum - the lowest rate offered by a New Zealand bank in at least a decade.

Kiwibank offers lowest rate ever

Thu, 14 Feb 2013 13:58:04 +1300

Kiwibank has today launched a six month home loan rate of 4.79% p.a., the lowest home rate it has offered since it began operating 11 years ago. The new rate is reduction of 0.46% and is not restricted to new customers, has no minimum lending requirement and no debt/equity restrictions.

OCR unchanged at 2.5 percent

Thu, 06 Dec 2012 09:03:15 +1300

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent.

Interest rates to stay low for some time: Economists

Sun, 02 Dec 2012 13:25:46 +1300

Home loan borrowers can expect low interest rates for a while yet, if economists polled by www.mortgagerates.co.nz are correct in their predictions.

And that is likely to keep the heat in the New Zealand housing market, in Auckland in particular.

Kiwibank drops lending restriction

Tue, 16 Oct 2012 15:08:31 +1300

Kiwibank has today dropped the 30% equity requirement on its 4.99% p.a. specials for six months, one year and two year home loans.

The special rates were launched three weeks ago, with the two-year rate significantly lower than competing banks.

ASB cuts rate and adds a free tablet

Tue, 02 Oct 2012 14:50:56 +1300

ASB has reduced its 2 year fixed home loan rate from 5.45% to 5.25% per annum, the lowest unrestricted rate on the market.

Kiwibank cuts home loan rates

Thu, 27 Sep 2012 13:14:51 +1200

Kiwibank has cut its six months, one year and two year home loan rates to 4.99 % p.a., effective immediately. The bank requires 30% equity or more in the property to qualify for the rates.

The rate cuts are 0.26% for six months and one year and o.46% for two years.