Reserve Bank of NZ
Although it fell year-on-year, New Zealanders were still charged $4.8 billion of interest on residential mortgages in Q2 this year
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Although it fell year-on-year, New Zealanders were still charged $4.8 billion of interest on residential mortgages in Q2 this year
Just over half the mortgages approved to first home buyers in June were low equity loans
The popularity of floating rate mortgages continues to decline as interest rates rise
The popularity of floating rate mortgages continues to decline as interest rates rise
Costs to rise, prices to rise: ANZ Business Outlook sends price warning
Big decline in low equity loans to first home buyers who are consolidating their position at the bottom of the market
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Big decline in low equity loans to first home buyers who are consolidating their position at the bottom of the market
Dramatic fall in the number of first home buyers taking out riskier, low deposit mortgages
House price growth has been greatest in Wellington and Hawke's Bay over the March year
RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects
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RBNZ says the banks have $40 billion of loans on commercial property with $5 billion of that in development projects