Home loan affordability

Improvements in mortgage affordability for first home buyers ground to a halt in March as the market waits to see what happens next

Improvements in mortgage affordability for first home buyers ground to a halt in March as the market waits to see what happens next

Home loan affordability improved significantly for first home buyers in 2024 thanks to three key factors

Home loan affordability improved significantly for first home buyers in 2024 thanks to three key factors

Falling house prices at the bottom of the market and lower mortgage rates improve affordability for first home buyers

Falling house prices at the bottom of the market and lower mortgage rates improve affordability for first home buyers

First home buyers with less than a 20% deposit may be able to get a low equity mortgage but they may not be able to afford the repayments

First home buyers with less than a 20% deposit may be able to get a low equity mortgage but they may not be able to afford the repayments

At last some good news for first home buyers as a combination of falling prices and lower interest rates substantially reduce the cost of home ownership

At last some good news for first home buyers as a combination of falling prices and lower interest rates substantially reduce the cost of home ownership

First home buyers are benefiting from a combination of declining house prices and falling interest rates

First home buyers are benefiting from a combination of declining house prices and falling interest rates

Improving affordability for first home buyers could mark a turning point in the housing market

Improving affordability for first home buyers could mark a turning point in the housing market

Small declines in mortgage rates, static house prices and rising incomes improving home ownership prospects for first home buyers

Small declines in mortgage rates, static house prices and rising incomes improving home ownership prospects for first home buyers

First home buyers were better off by $2 a week in November as the market drifted sideways

First home buyers were better off by $2 a week in November as the market drifted sideways

First home buyers will have trouble finding their happy place if they are on average incomes

First home buyers will have trouble finding their happy place if they are on average incomes

Interest.co.nz's Home Loan Affordability Reports suggest first home buyers have been poorly served by both Labour and National-led governments

Interest.co.nz's Home Loan Affordability Reports suggest first home buyers have been poorly served by both Labour and National-led governments

First home buyers received little relief last month as further mortgage rate rises offset the benefit of slightly cheaper house prices

First home buyers received little relief last month as further mortgage rate rises offset the benefit of slightly cheaper house prices

Small moves in house prices and interest rates in June leave home loan affordability little changed

Small moves in house prices and interest rates in June leave home loan affordability little changed

Moving up the property ladder is still affordable for most existing home owners

Moving up the property ladder is still affordable for most existing home owners

Rising wages are moderating the effect of rising interest rates on first home buyers

Rising wages are moderating the effect of rising interest rates on first home buyers