LVR
First home buyers took out a record number of mortgages last month, but resurgent investor interest may be about to start sidelining them again, says David Hargreaves
28th Oct 20, 3:30pm
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First home buyers took out a record number of mortgages last month, but resurgent investor interest may be about to start sidelining them again, says David Hargreaves
Latest Reserve Bank monthly mortgage figures show over $7.3 bln advanced for mortgages last month; advances to first home buyers hit record high also; high LVR lending to investors has tripled since June
27th Oct 20, 3:22pm
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Latest Reserve Bank monthly mortgage figures show over $7.3 bln advanced for mortgages last month; advances to first home buyers hit record high also; high LVR lending to investors has tripled since June
Latest Reserve Bank monthly mortgage figures show that the housing market continued to run hot in August
24th Sep 20, 3:24pm
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Latest Reserve Bank monthly mortgage figures show that the housing market continued to run hot in August
The decision of the Reserve Bank to give cheap funding directly to the banks possibly as soon as November means even lower mortgages may be fuelling the pre-Christmas housing market
24th Sep 20, 11:03am
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The decision of the Reserve Bank to give cheap funding directly to the banks possibly as soon as November means even lower mortgages may be fuelling the pre-Christmas housing market
Latest Reserve Bank monthly mortgage figures show that the post lockdown bounce back in activity continued at hot pace in July
26th Aug 20, 3:19pm
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Latest Reserve Bank monthly mortgage figures show that the post lockdown bounce back in activity continued at hot pace in July
David Hargreaves says the recent buyer trends in housing may just represent the way the market should look when freed from the distortions visited by the Reserve Bank's LVR rules
29th Jul 20, 1:52pm
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David Hargreaves says the recent buyer trends in housing may just represent the way the market should look when freed from the distortions visited by the Reserve Bank's LVR rules
People borrowing to buy their first homes outstripped the amount of money borrowed by investors during the last month
27th Jul 20, 11:22am
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People borrowing to buy their first homes outstripped the amount of money borrowed by investors during the last month
Monthly mortgage borrowing shot up 57% in May compared with the lockdown month of April - but the figure of $4.3 bln advanced was still down by about a third compared with the same month a year ago
25th Jun 20, 3:33pm
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Monthly mortgage borrowing shot up 57% in May compared with the lockdown month of April - but the figure of $4.3 bln advanced was still down by about a third compared with the same month a year ago
Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
26th May 20, 3:30pm
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Monthly mortgage borrowing more than halved in April compared with the previous month, according to new Reserve Bank figures
David Hargreaves says the next few months will be a big test for the banks - and how the banks react is likely to be long-remembered by the public
21st May 20, 11:25am
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David Hargreaves says the next few months will be a big test for the banks - and how the banks react is likely to be long-remembered by the public
The Reserve Bank has put forward three scenarios for how the economy might pan out depending on what level of pandemic containment measures will be required. None of the scenarios are rosy
13th May 20, 5:21pm
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The Reserve Bank has put forward three scenarios for how the economy might pan out depending on what level of pandemic containment measures will be required. None of the scenarios are rosy
Reserve Bank says it will be 'closely monitoring' movements in retail interest rates and bank margins; sees house prices falling 9% over the rest of this year
13th May 20, 3:11pm
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Reserve Bank says it will be 'closely monitoring' movements in retail interest rates and bank margins; sees house prices falling 9% over the rest of this year
New figures show the banks wrote out the biggest amount for mortgages in a March last month since 2016; first home buyers had a pre-lockdown surge
29th Apr 20, 3:37pm
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New figures show the banks wrote out the biggest amount for mortgages in a March last month since 2016; first home buyers had a pre-lockdown surge
We needed a reasonable period of time to allow the recent surging wave of highly geared first home buyers to get financially comfortable. We didn't get it
1st Apr 20, 1:22pm
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We needed a reasonable period of time to allow the recent surging wave of highly geared first home buyers to get financially comfortable. We didn't get it
Whether it was down to early coronavirus concerns, or just increased worries over affordability, first home buyers pulled back sharply from the market last month
25th Mar 20, 3:45pm
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Whether it was down to early coronavirus concerns, or just increased worries over affordability, first home buyers pulled back sharply from the market last month
New Reserve Bank figures confirm that the housing market had a raging finish to 2019 - and first home buyers were in there at record levels
29th Jan 20, 3:35pm
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New Reserve Bank figures confirm that the housing market had a raging finish to 2019 - and first home buyers were in there at record levels
David Hargreaves says the Reserve Bank's decision to leave existing loan to value ratio restrictions in place means it's unlikely there will be further relaxation of the rules for at least a year
28th Nov 19, 9:54am
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David Hargreaves says the Reserve Bank's decision to leave existing loan to value ratio restrictions in place means it's unlikely there will be further relaxation of the rules for at least a year
Reserve Bank keeps restrictions on mortgage lending in place, noting the low interest rate environment could prompt banks to lend more to borrowers with small deposits; Governor says the Bank didn't come 'particularly close' to loosening restrictions
27th Nov 19, 9:14am
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Reserve Bank keeps restrictions on mortgage lending in place, noting the low interest rate environment could prompt banks to lend more to borrowers with small deposits; Governor says the Bank didn't come 'particularly close' to loosening restrictions
Mortgage data released on the eve of the Reserve Bank's LVR restriction review suggests first home buyers wouldn't suffer if restrictions remained in place to keep investor activity at bay
26th Nov 19, 5:59pm
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Mortgage data released on the eve of the Reserve Bank's LVR restriction review suggests first home buyers wouldn't suffer if restrictions remained in place to keep investor activity at bay
Households are now increasingly expecting house price rises, while economists are tweaking their house price expectations upwards
20th Nov 19, 4:33pm
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Households are now increasingly expecting house price rises, while economists are tweaking their house price expectations upwards
New mortgage figures from the Reserve Bank show that investors had their biggest share of mortgage lending last month for a year; first home buyers are still prominent
24th Oct 19, 3:48pm
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New mortgage figures from the Reserve Bank show that investors had their biggest share of mortgage lending last month for a year; first home buyers are still prominent
ASB economists see 5%-6% nationwide house price inflation next year, with falling interest rates and population growth reviving the Auckland market and keeping regional markets 'simmering'
27th Aug 19, 10:37am
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ASB economists see 5%-6% nationwide house price inflation next year, with falling interest rates and population growth reviving the Auckland market and keeping regional markets 'simmering'
In July the first home buyers collectively borrowed over a billion dollars for the second time in three months; little sign of resurgence in investor interest
26th Aug 19, 3:58pm
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In July the first home buyers collectively borrowed over a billion dollars for the second time in three months; little sign of resurgence in investor interest
In June the first home buyers borrowed the smallest amount for this grouping since February, while their share of the total borrowed dropped from the previous month's high
24th Jul 19, 3:42pm
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In June the first home buyers borrowed the smallest amount for this grouping since February, while their share of the total borrowed dropped from the previous month's high
In May the first home buyers hit their highest monthly total of borrowing, the highest share of the total advanced - and borrowed more in dollar terms than investors for the first time
27th Jun 19, 3:26pm
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In May the first home buyers hit their highest monthly total of borrowing, the highest share of the total advanced - and borrowed more in dollar terms than investors for the first time