First home buyers
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 5.2% in the year to October, which compares with double digit growth seen at the same time a year ago, and is the slowest rate of growth since 2015
30th Nov 22, 3:45pm
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Latest RBNZ lending figures show the total stock of mortgage borrowing grew by just 5.2% in the year to October, which compares with double digit growth seen at the same time a year ago, and is the slowest rate of growth since 2015
First home buyers proving more resilient than might be expected in the face of rising interest rates
No significant drop in the average amount first home buyers are borrowing or paying for a home
28th Nov 22, 12:27pm
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No significant drop in the average amount first home buyers are borrowing or paying for a home
RBNZ figures show first home buyers had their biggest share of the mortgage money advanced last month since the RBNZ started publishing the detailed information in 2014
24th Nov 22, 3:44pm
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RBNZ figures show first home buyers had their biggest share of the mortgage money advanced last month since the RBNZ started publishing the detailed information in 2014
Reserve Bank increases its projection of how far house prices will fall and says the lower prices and higher interest rates 'are assumed to result in a sustained slowing in household spending, as households feel less wealthy'
23rd Nov 22, 3:41pm
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Reserve Bank increases its projection of how far house prices will fall and says the lower prices and higher interest rates 'are assumed to result in a sustained slowing in household spending, as households feel less wealthy'
Housing affordability for first home buyers the worst it has been since interest.co.nz began producing affordability reports in 2004
22nd Nov 22, 10:59am
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Housing affordability for first home buyers the worst it has been since interest.co.nz began producing affordability reports in 2004
Latest quarterly Reserve Bank figures show new mortgage borrowers are gearing themselves up notably less than has been seen in recent years
15th Nov 22, 3:44pm
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Latest quarterly Reserve Bank figures show new mortgage borrowers are gearing themselves up notably less than has been seen in recent years
Reserve Bank outlines design plans for tool it could enforce on banks to limit the debt-to-income ratio of home buyers
10th Nov 22, 1:54pm
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Reserve Bank outlines design plans for tool it could enforce on banks to limit the debt-to-income ratio of home buyers
David Hargreaves says as the Reserve Bank is forced to raise the Official Cash Rate higher than it intended, the stakes also get higher for our economy
9th Nov 22, 11:07am
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David Hargreaves says as the Reserve Bank is forced to raise the Official Cash Rate higher than it intended, the stakes also get higher for our economy
We seem to be taking eye-watering rises in mortgage interest rates in our stride - but are we really? David Hargreaves tries to assess where we are with the rising interest rate 'cycle' and whether there is more trouble ahead
2nd Nov 22, 8:06am
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We seem to be taking eye-watering rises in mortgage interest rates in our stride - but are we really? David Hargreaves tries to assess where we are with the rising interest rate 'cycle' and whether there is more trouble ahead
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 5.7% in the year to September, which compares with double digit growth seen at the same time a year ago
31st Oct 22, 3:44pm
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Latest RBNZ lending figures show the total stock of mortgage borrowing grew by 5.7% in the year to September, which compares with double digit growth seen at the same time a year ago
Fewer aspiring first home buyers are getting into a home of their own and those who do are taking on a lot more debt than pre-pandemic
28th Oct 22, 11:50am
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Fewer aspiring first home buyers are getting into a home of their own and those who do are taking on a lot more debt than pre-pandemic
RBNZ figures show that the amount advanced for mortgages in September was the lowest this year so far apart from January, while the amount charged in interest during the quarter climbed to over $3 billion for the first time since 2017
27th Oct 22, 3:38pm
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RBNZ figures show that the amount advanced for mortgages in September was the lowest this year so far apart from January, while the amount charged in interest during the quarter climbed to over $3 billion for the first time since 2017
[updated]
ANZ NZ CEO Antonia Watson says bank's monitoring mortgage borrowers whose ability to repay was tested at 5.8% last year
27th Oct 22, 2:47pm
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ANZ NZ CEO Antonia Watson says bank's monitoring mortgage borrowers whose ability to repay was tested at 5.8% last year
The position of aspiring first home buyers has deteriorated substantially over the last three years
23rd Oct 22, 6:00am
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The position of aspiring first home buyers has deteriorated substantially over the last three years
David Hargreaves says that as the Reserve Bank prepares for its last interest rate review of the year next month its credibility is facing a massive test
19th Oct 22, 2:01pm
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David Hargreaves says that as the Reserve Bank prepares for its last interest rate review of the year next month its credibility is facing a massive test
NZ Bankers' Association figures show that as of June only a little over 1% of those with a mortgage were behind with their payments - a percentage that's actually dropped in the past six months
13th Oct 22, 2:03pm
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NZ Bankers' Association figures show that as of June only a little over 1% of those with a mortgage were behind with their payments - a percentage that's actually dropped in the past six months
First home buyers becoming less likely to face negative equity due to slightly lower prices and a big decline in low equity mortgages
28th Sep 22, 11:52am
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First home buyers becoming less likely to face negative equity due to slightly lower prices and a big decline in low equity mortgages
RBNZ figures show that first home buyers took 20.8% of the mortgage money advanced last month - the highest share since this data began being compiled in 2013
27th Sep 22, 3:29pm
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RBNZ figures show that first home buyers took 20.8% of the mortgage money advanced last month - the highest share since this data began being compiled in 2013
New NZCTU strategy paper also calls for creation of a new Kiwisaver provider
First home buyers in Northland, Wellington, Nelson/Marlborough and Otago have benefitted the most from falling house prices
25th Sep 22, 6:00am
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First home buyers in Northland, Wellington, Nelson/Marlborough and Otago have benefitted the most from falling house prices
QV says the average NZ home value dropped 5.5% in the three months to August; 'There's no immediate sign of things getting better'; 'We’re starting to see some pretty significant value reductions now'; Auckland house values drop $743 per day since January
9th Sep 22, 5:00am
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QV says the average NZ home value dropped 5.5% in the three months to August; 'There's no immediate sign of things getting better'; 'We’re starting to see some pretty significant value reductions now'; Auckland house values drop $743 per day since January
ANZ economists see inflation getting back to targeted levels by the middle of 2024 but think there are 'significant risks' that inflation will remain 'too high for too long'
7th Sep 22, 9:10am
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ANZ economists see inflation getting back to targeted levels by the middle of 2024 but think there are 'significant risks' that inflation will remain 'too high for too long'
Beating inflation will likely require a sustained period of higher interest rates and slower economic growth if things like indexing wage growth to the previous year's inflation get entrenched, ANZ economists say
6th Sep 22, 9:38am
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Beating inflation will likely require a sustained period of higher interest rates and slower economic growth if things like indexing wage growth to the previous year's inflation get entrenched, ANZ economists say
David Hargreaves has a dive into the latest monthly mortgage figures, which show a market that has gone from raging hot to freezing cold in a very short space of time
6th Sep 22, 9:00am
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David Hargreaves has a dive into the latest monthly mortgage figures, which show a market that has gone from raging hot to freezing cold in a very short space of time
Latest RBNZ lending figures show the total stock of mortgage borrowing grew by the smallest amount in five years last month
31st Aug 22, 3:28pm
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Latest RBNZ lending figures show the total stock of mortgage borrowing grew by the smallest amount in five years last month