First home buyers
Big decline in low equity loans to first home buyers who are consolidating their position at the bottom of the market
31st Aug 22, 12:44pm
23
Big decline in low equity loans to first home buyers who are consolidating their position at the bottom of the market
'It’s the biggest real house price downturn we’ve had since the 1970s'
Kiwibank economists believe that fixed mortgage rates have peaked
Rising interest rates eating up many of the benefits of falling house prices for first home buyers
26th Aug 22, 9:25am
124
Rising interest rates eating up many of the benefits of falling house prices for first home buyers
RBNZ figures show that housing investors had their smallest share of the mortgage money advanced last month since the data began being collected in 2014
24th Aug 22, 3:39pm
73
RBNZ figures show that housing investors had their smallest share of the mortgage money advanced last month since the data began being collected in 2014
David Hargreaves has a crunch through some mortgage data that shows Kiwi homeowners are very busily going 'long' with their mortgage interest fixed terms
17th Aug 22, 8:00am
95
David Hargreaves has a crunch through some mortgage data that shows Kiwi homeowners are very busily going 'long' with their mortgage interest fixed terms
New mortgage borrowers are gearing themselves up much less than they were in the face of rising interest rates
15th Aug 22, 10:09am
118
New mortgage borrowers are gearing themselves up much less than they were in the face of rising interest rates
First home buyers paying $736,000 on average for a home and borrowing $588,000
27th Jul 22, 11:53am
64
First home buyers paying $736,000 on average for a home and borrowing $588,000
RBNZ figures show that fewer than 15,000 mortgages were issued last month - easily a record low for a June since the data began being collected in 2013
26th Jul 22, 3:43pm
27
RBNZ figures show that fewer than 15,000 mortgages were issued last month - easily a record low for a June since the data began being collected in 2013
First home buyers must navigate between the swings and roundabouts of lower house prices and higher mortgage interest rates
22nd Jul 22, 10:02am
148
First home buyers must navigate between the swings and roundabouts of lower house prices and higher mortgage interest rates
Mortgage broker John Bolton explains why he thinks mortgage rates are peaking, what's going on in the housing market, and what this means for the broader economy
2nd Jul 22, 9:40am
124
Mortgage broker John Bolton explains why he thinks mortgage rates are peaking, what's going on in the housing market, and what this means for the broader economy
First home buyers with less than a 20% deposit are paying more for a home than buyers with a full deposit, pushing up their mortgage risk profile for banks
29th Jun 22, 11:44am
66
First home buyers with less than a 20% deposit are paying more for a home than buyers with a full deposit, pushing up their mortgage risk profile for banks
Latest Reserve Bank figures show that while first home buyers are hanging tough, May saw the lowest total number of mortgages approved for a May - barring the pandemic affected May 2020 month
28th Jun 22, 3:28pm
7
Latest Reserve Bank figures show that while first home buyers are hanging tough, May saw the lowest total number of mortgages approved for a May - barring the pandemic affected May 2020 month
Infometrics says millennial first home buyers are signing up for a lifetime of debt and are likely to be much worse off than the baby boomers
23rd Jun 22, 5:00am
112
Infometrics says millennial first home buyers are signing up for a lifetime of debt and are likely to be much worse off than the baby boomers
Latest RBNZ lending figures show business borrowing growth is rising as housing borrowing growth is slowing
31st May 22, 3:31pm
3
Latest RBNZ lending figures show business borrowing growth is rising as housing borrowing growth is slowing
Latest Reserve Bank figures show the average-sized new mortgage hit a new record high of over $400,000 in April - while far fewer people were scrambling to borrow
26th May 22, 2:06pm
44
Latest Reserve Bank figures show the average-sized new mortgage hit a new record high of over $400,000 in April - while far fewer people were scrambling to borrow
[updated]
A number of borrowers who took out mortgages for the first time last year will struggle if mortgage rates rise as forecast, the Reserve Bank says
25th May 22, 2:49pm
82
A number of borrowers who took out mortgages for the first time last year will struggle if mortgage rates rise as forecast, the Reserve Bank says
NZ Bankers' Association figures show a significant rise in the latter half of 2021 in the numbers of mortgage holders shifting to interest-only payments
24th May 22, 12:17pm
56
NZ Bankers' Association figures show a significant rise in the latter half of 2021 in the numbers of mortgage holders shifting to interest-only payments
Kiwibank economists see mortgage rates ranging as high as 7.5% even though they don't see the OCR going as high as currently forecast
23rd May 22, 3:03pm
128
Kiwibank economists see mortgage rates ranging as high as 7.5% even though they don't see the OCR going as high as currently forecast
Latest figures show that having stretched themselves further and further in recent times new borrowers are now markedly stepping back from super-high borrowing levels
23rd May 22, 11:27am
60
Latest figures show that having stretched themselves further and further in recent times new borrowers are now markedly stepping back from super-high borrowing levels
Budget allows for an extra 7000 First Home Grants and 2000 extra First Home Loans every year
19th May 22, 3:30pm
20
Budget allows for an extra 7000 First Home Grants and 2000 extra First Home Loans every year
House prices at the bottom of the market now falling in every region, but first home buyers no better off due to rising interest rates
19th May 22, 10:00am
131
House prices at the bottom of the market now falling in every region, but first home buyers no better off due to rising interest rates
Latest Reserve Bank figures show net credit growth in the March quarter was the slowest since the third quarter of 2020
28th Apr 22, 3:51pm
1
Latest Reserve Bank figures show net credit growth in the March quarter was the slowest since the third quarter of 2020
The flow-on effects of Reserve Bank policies have effectively thrown first home buyers under the bus
28th Apr 22, 1:49pm
150
The flow-on effects of Reserve Bank policies have effectively thrown first home buyers under the bus
Submitters raise a series of questions and issues they wanted answered and resolved before the RBNZ rolls out a DTI tool
28th Apr 22, 10:04am
Submitters raise a series of questions and issues they wanted answered and resolved before the RBNZ rolls out a DTI tool