First home buyers
David Hargreaves has a crunch of the mortgage figures for the first six months of 2025 and says these show a return very much to 'normal' patterns after the wild pandemic period and subsequent slump
25th Jul 25, 9:12am
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David Hargreaves has a crunch of the mortgage figures for the first six months of 2025 and says these show a return very much to 'normal' patterns after the wild pandemic period and subsequent slump
Early KiwiSaver withdrawals hit over $190 million in June as 7700 withdrawals were made for first homes and financial hardship
24th Jul 25, 1:17pm
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Early KiwiSaver withdrawals hit over $190 million in June as 7700 withdrawals were made for first homes and financial hardship
The estimated average price paid by first home buyers in June was $682,000
Latest Reserve Bank figures show that some 30% of 'new' mortgage commitments in the past month were due to customers changing loan providers
23rd Jul 25, 3:50pm
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Latest Reserve Bank figures show that some 30% of 'new' mortgage commitments in the past month were due to customers changing loan providers
Home ownership now affordable for typical first home buyers in most parts of the country except Auckland and Tauranga
22nd Jul 25, 8:00am
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Home ownership now affordable for typical first home buyers in most parts of the country except Auckland and Tauranga
[updated]
Latest monthly RBNZ figures show that in May, a third of the new mortgages taken out were on floating terms; homeowners are still waiting for more OCR cuts
9th Jul 25, 9:37am
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Latest monthly RBNZ figures show that in May, a third of the new mortgages taken out were on floating terms; homeowners are still waiting for more OCR cuts
First-home buyers and financial hardship: KiwiSaver withdrawals hit $234 million in May as first time homebuyers dive into their savings
4th Jul 25, 11:25am
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First-home buyers and financial hardship: KiwiSaver withdrawals hit $234 million in May as first time homebuyers dive into their savings
Latest Reserve Bank figures show that while mortgage interest rates have been falling the amounts of stressed housing lending are still going up
2nd Jul 25, 2:35pm
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Latest Reserve Bank figures show that while mortgage interest rates have been falling the amounts of stressed housing lending are still going up
The average price first home buyers are paying for a home has hardly moved since October last year but record numbers are taking out low equity loans
29th Jun 25, 3:30pm
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The average price first home buyers are paying for a home has hardly moved since October last year but record numbers are taking out low equity loans
Mortgage payments on cheaper homes are at their lowest level in almost four years
24th Jun 25, 11:34am
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Mortgage payments on cheaper homes are at their lowest level in almost four years
Latest monthly RBNZ figures show that in April those taking up new mortgages had a clear split between two strategies - with some prepared to wait for further OCR cuts while others were happier to fix for longer terms
5th Jun 25, 3:53pm
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Latest monthly RBNZ figures show that in April those taking up new mortgages had a clear split between two strategies - with some prepared to wait for further OCR cuts while others were happier to fix for longer terms
Latest monthly RBNZ figures show a substantial move to longer fixed term mortgages is happening, while, separately, investors are slowly taking more of an interest in the market
4th Jun 25, 2:00pm
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Latest monthly RBNZ figures show a substantial move to longer fixed term mortgages is happening, while, separately, investors are slowly taking more of an interest in the market
Latest Reserve Bank figures show that on a seasonally adjusted basis, new mortgage commitments were down last month, although the figures were the highest for an April month in four years
27th May 25, 1:15pm
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Latest Reserve Bank figures show that on a seasonally adjusted basis, new mortgage commitments were down last month, although the figures were the highest for an April month in four years
Just over 40% of mortgages approved to first home buyers in April were low equity loans
27th May 25, 10:13am
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Just over 40% of mortgages approved to first home buyers in April were low equity loans
RBNZ doesn't believe changing bank capital rules to enable lower interest rates for first home buyers is warranted
22nd May 25, 7:33am
RBNZ doesn't believe changing bank capital rules to enable lower interest rates for first home buyers is warranted