First home buyers
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
[updated]
Consumer NZ says the Bank of Mum and Dad is the fifth biggest owner-occupier lender in New Zealand
28th Apr 22, 8:26am
117
Consumer NZ says the Bank of Mum and Dad is the fifth biggest owner-occupier lender in New Zealand
[updated]
RBNZ to develop debt-to-income ratio framework for mortgage lending, but won't set banks' test interest rates at this stage
27th Apr 22, 10:37am
84
RBNZ to develop debt-to-income ratio framework for mortgage lending, but won't set banks' test interest rates at this stage
The country's banks see potential falls in house prices and inflationary pressures as factors that will continue to dampen demand for mortgages. Tighter lending standards will remain
26th Apr 22, 1:56pm
6
The country's banks see potential falls in house prices and inflationary pressures as factors that will continue to dampen demand for mortgages. Tighter lending standards will remain
Research done for the Retirement Commission appears to indicate that withdrawals to buy homes have had a big impact on retirement savings of young New Zealanders
6th Apr 22, 2:41pm
46
Research done for the Retirement Commission appears to indicate that withdrawals to buy homes have had a big impact on retirement savings of young New Zealanders
Latest Reserve Bank figures show slowing mortgage growth, but business lending is growing at its fastest rate since before the pandemic
31st Mar 22, 4:00pm
15
Latest Reserve Bank figures show slowing mortgage growth, but business lending is growing at its fastest rate since before the pandemic
Dramatic fall in the number of first home buyers taking out riskier, low deposit mortgages
25th Mar 22, 10:42am
138
Dramatic fall in the number of first home buyers taking out riskier, low deposit mortgages
Reserve Bank figures show February mortgage borrowing rose strongly from January's figures, but first home buyers are getting a smaller share of the lending
24th Mar 22, 3:57pm
66
Reserve Bank figures show February mortgage borrowing rose strongly from January's figures, but first home buyers are getting a smaller share of the lending
Banks are offering substantial mortgage 'cashback' rewards of up to $5000, but they may be yours for the asking from other banks too, even if not advertised
12th Mar 22, 9:10am
16
Banks are offering substantial mortgage 'cashback' rewards of up to $5000, but they may be yours for the asking from other banks too, even if not advertised
The idea that first home buyers have been disproportionately affected by the CCCFA changes appears to be unfounded
28th Feb 22, 11:48am
52
The idea that first home buyers have been disproportionately affected by the CCCFA changes appears to be unfounded
RBNZ January new residential mortgage figures show overall lending levels back close to where they were in January 2020
28th Feb 22, 10:53am
RBNZ January new residential mortgage figures show overall lending levels back close to where they were in January 2020
The Reserve Bank is forecasting an annual fall in house prices of over 5% by March 2023 and a total fall in prices of about 9%
23rd Feb 22, 3:49pm
106
The Reserve Bank is forecasting an annual fall in house prices of over 5% by March 2023 and a total fall in prices of about 9%
Falling house prices make home ownership more affordable for first home buyers
22nd Feb 22, 9:00am
166
Falling house prices make home ownership more affordable for first home buyers
ANZ loosens high LVR home lending criteria after November clamp-down, but borrowers need more uncommitted monthly income than before
21st Feb 22, 3:39pm
20
ANZ loosens high LVR home lending criteria after November clamp-down, but borrowers need more uncommitted monthly income than before
The Reserve Bank's latest mortgage debt-to-income figures suggest the sharp rises in DTI ratios may be coming to an end
21st Feb 22, 12:02pm
73
The Reserve Bank's latest mortgage debt-to-income figures suggest the sharp rises in DTI ratios may be coming to an end
BNZ has raised some home loan rates too following ANZ, but somewhat surprisingly, it has lowered a key one as well. Meanwhile many swap rates move up to four to six year highs
16th Feb 22, 5:59pm
42
BNZ has raised some home loan rates too following ANZ, but somewhat surprisingly, it has lowered a key one as well. Meanwhile many swap rates move up to four to six year highs
Construction giant Fletcher Building has lifted half year earnings 41% to $171 mln despite lockdown disruptions
16th Feb 22, 9:34am
2
Construction giant Fletcher Building has lifted half year earnings 41% to $171 mln despite lockdown disruptions
The nation's largest home loan lender takes a chance and pulls up some key home loan rates, with most of its fixed term offers now higher than all, probably hoping its main rivals will follow soon
14th Feb 22, 8:13pm
33
The nation's largest home loan lender takes a chance and pulls up some key home loan rates, with most of its fixed term offers now higher than all, probably hoping its main rivals will follow soon
Owner-occupiers more likely to move house than renovate this year, CoreLogic says
14th Feb 22, 11:06am
109
Owner-occupiers more likely to move house than renovate this year, CoreLogic says
Challenger banks make changes to some key home loan rates, some up as expected, others down unexpectedly
14th Feb 22, 10:37am
6
Challenger banks make changes to some key home loan rates, some up as expected, others down unexpectedly
Early criticism of the effect credit contracts law changes are having on first home buyers may be misplaced
8th Feb 22, 1:21pm
155
Early criticism of the effect credit contracts law changes are having on first home buyers may be misplaced
Gareth Vaughan on mortgages designed for bank shareholders not customers, Westpac's lost decade, the increasing size of home loans, Banksy & a NZ trust, the UK's lockdown partying PM
6th Feb 22, 6:00am
149
Gareth Vaughan on mortgages designed for bank shareholders not customers, Westpac's lost decade, the increasing size of home loans, Banksy & a NZ trust, the UK's lockdown partying PM
The flat-lining of the two year wholesale swap rate has allowed a few banks to trim a mortgage rate for a competitive advantage in the meantime. TSB is the latest
3rd Feb 22, 10:43am
27
The flat-lining of the two year wholesale swap rate has allowed a few banks to trim a mortgage rate for a competitive advantage in the meantime. TSB is the latest
OECD recommends Govt scraps FHB KiwiSaver withdrawals and other policies targeted at FHBs, and focuses on increasing housing supply
1st Feb 22, 2:39pm
100
OECD recommends Govt scraps FHB KiwiSaver withdrawals and other policies targeted at FHBs, and focuses on increasing housing supply
Prices at the bottom of the market continued to rise steeply in November pushing home ownership further out of reach for those on average wages
17th Dec 21, 11:15am
154
Prices at the bottom of the market continued to rise steeply in November pushing home ownership further out of reach for those on average wages