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Interest rate news

Mortgage wars heat up as another major bank offers under 5%
Banks have responded quickly to the Reserve Bank's latest OCR cut.

Nadine Higgins: How switching banks could benefit you
OPINION: The case for breaking banking loyalty and saving money.

Mary Holm: Why do some generations still prioritise boys over girls?
OPINION: And why do some employers behave the same way?

Apartment developer declares insolvency owing $3.76m
Unexpected cost rises, Covid delays, cooling market blamed for development failure.

ANZ follows rivals, cutting mortgage and savings rates
Bank's one-year fixed mortgage rates particularly competitive.

QV figures: How much has your home lost since the market peak?
We can't say 'peak to trough' because we don't yet know if we have hit rock bottom.

Major bank cuts key home loan rate
One of New Zealand's major banks has moved early to cut home loan rates.

Nadine Higgins: Financial lessons I learned from a reno
OPINION: There are things you just don't know about until after.

Popularity of short term mortgage borrowing surges – at a cost
Nearly 90% of new mortgage lending in October was floating or fixed for a year or less.