BNZ trims mortgage rates after US Fed decision
The move came after the Fed kicked off a new era of monetary policy easing.
The move came after the Fed kicked off a new era of monetary policy easing.
Banks are following the market's biggest lender, ANZ, as it cuts rates.
Opinions are mixed on whether they will prove a good option over the longer term.
Banks continue to cut mortgage rates amid falling OCR and wholesale rates.
Two advisers listed in a Du Val document told PwC they did not have any involvement.
No external valuation to show one entity was worth $431m, according to new PwC report.
Experts say house prices have finally bottomed out and are on the up... elsewhere.
OPINION: After the rate cut, what now for house prices? And what is geoeconomics?
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August has been the month of cuts. Here's how they've stacked up.
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Westpac now has the lowest advertised two-year rate among the five major banks.
The Commerce Commission believes banks could still make it cheaper for customers to leave.
OPINION: And what does 'soft landing' actually mean? Liam Dann asks.
The bank is making further cuts to its home loan rates.
BNZ became concerned that it made the loan based on false information presented to it.
Who is behind the group, and why did the FMA start investigating it?
OPINION: Outside investors in Kiwibank will need to have the right priorities.
OPINION: Liam Dann on post-OCR cut fallout and a preview of big US Fed shindig in Wyoming.
A reason to watch those rates: changing banks could cost thousands.
Borrowers with less than 20% equity will be able to access standard rates.
Banks have already cut some rates.
Homeowners are the big winners as banks scramble to offer competitive rates.
A large portion of mortgage debt will be repriced this year.
OPINION: Also in this week's wrap – the PM's embarrassing benefit blunders.
The major banks immediately moved to slash mortgage rates after the OCR cut.
The market has given its verdict on the Reserve Bank's cut in the Official Cash Rate.
It's one of the most hotly anticipated interest rate calls this year.
Despite debate about grim May forecasts, the RBNZ looks to have landed in the right place.