low equity fees
Average price paid by first home buyers dropped to lowest level in almost a year in July
Just over half the mortgages approved to first home buyers in June were low equity loans
Low equity mortgage lending to first home buyers almost hit $1 billion in March
Just over 40% of mortgages approved to first home buyers in April were low equity loans
ANZ NZ CEO Antonia Watson says the housing market's 'especially competitive' at the moment, at least in part due to low volumes of new loans
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ANZ NZ CEO Antonia Watson says the housing market's 'especially competitive' at the moment, at least in part due to low volumes of new loans
[updated]
Banks typically charge low equity fees for borrowers with deposits below 20%. Are these reapplied if equity rises above 20% and then drops back below 20%?
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Banks typically charge low equity fees for borrowers with deposits below 20%. Are these reapplied if equity rises above 20% and then drops back below 20%?
Banks are lending more to first home buyers with less than a 20% deposit
Small moves in house prices and interest rates in June leave home loan affordability little changed
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Small moves in house prices and interest rates in June leave home loan affordability little changed
Home ownership remains out of reach for first home buyers on average incomes in spite of recent falls in house prices
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Home ownership remains out of reach for first home buyers on average incomes in spite of recent falls in house prices
In the fourth of a series of articles on bank fees, Matt Skinner looks at the mortgage fees the major banks charge
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In the fourth of a series of articles on bank fees, Matt Skinner looks at the mortgage fees the major banks charge
Some 37% of first home buyers bought with a low equity loan in August
Buying a home with less than a 10% deposit carries risks, but over the long term it may be a risk worth taking
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Buying a home with less than a 10% deposit carries risks, but over the long term it may be a risk worth taking
If you don't have a 20% deposit when buying a house, you will be facing some double hurdles. But there are banks who seek out these high-fee situations
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If you don't have a 20% deposit when buying a house, you will be facing some double hurdles. But there are banks who seek out these high-fee situations
ASB introduces specific low equity margins in place of varying fees on high LVR home loans, blames RBNZ
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ASB introduces specific low equity margins in place of varying fees on high LVR home loans, blames RBNZ
ASB retail head Ian Park says ASB's surge in high LVR residential mortgage lending being 'encouraged' by borrowers using KiwiSaver money towards a deposit
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ASB retail head Ian Park says ASB's surge in high LVR residential mortgage lending being 'encouraged' by borrowers using KiwiSaver money towards a deposit