ASB

ANZ hikes mortgage rates in lockdown

The new fixed rates surpass the norm for other major banks

NZ economy was surging prior to lockdown - report

It was well ahead of economists’ expectations

Mortgage rates expected to climb despite record low OCR

“We are past the low point for interest rates”

Banks assess business confidence through lockdown

“The full September survey will be an interesting comparison”

Home buyers remain “doubtful” despite predictions of rapid price drop

Major bank's economists expect house price growth to drop to only 2%

Westpac increases mortgage rates during lockdown

One of the rates is the highest of any bank on a “specials” basis for that fixed term

Will the Reserve Bank pause on raising rates this year?

Experts comment on the last-minute decision to keep the OCR at its current level

BNZ welcomes new independent director to its board

Chair says the industry veteran is a “fantastic addition” to the board

ASB sees significant profit increase over the past year

The bank says its full year performance reflects the country’s stronger-than-expected recovery

Mortgage rates likely to increase faster than predicted – ASB

Major bank thinks that every RBNZ meeting can be considered “live” for OCR increases