Low equity mortgages

Low equity mortgages helping to prop up first home buyer activity, Reserve Bank data suggests

Low equity mortgages helping to prop up first home buyer activity, Reserve Bank data suggests

National's Chris Bishop announces policy to extend income cap to $300,000 for Kāinga Ora low deposit First Home Loan Scheme, as party targets return to peak home ownership rates of around 74%

National's Chris Bishop announces policy to extend income cap to $300,000 for Kāinga Ora low deposit First Home Loan Scheme, as party targets return to peak home ownership rates of around 74%

Banks' low equity mortgage lending is surging, raising the question of how far can it rise before the Reserve Bank gets uncomfortable?

Banks' low equity mortgage lending is surging, raising the question of how far can it rise before the Reserve Bank gets uncomfortable?

Just over half the mortgages approved to first home buyers in June were low equity loans

Just over half the mortgages approved to first home buyers in June were low equity loans

Prospective first home buyers in Auckland, Tauranga and Kapiti are caught between not being able to scrape together a 20% deposit and being unable to afford the repayments on a low equity loan

Prospective first home buyers in Auckland, Tauranga and Kapiti are caught between not being able to scrape together a 20% deposit and being unable to afford the repayments on a low equity loan

First home buyers estimated to have paid an average of $682,000 for a home of their own in April, down from $692,000 in March

First home buyers estimated to have paid an average of $682,000 for a home of their own in April, down from $692,000 in March

Low equity mortgage lending to first home buyers almost hit $1 billion in March

Low equity mortgage lending to first home buyers almost hit $1 billion in March

First home buyers likely accounted for more than a third of property purchases in February but high levels of low equity mortgage lending could foreshadow future problems

First home buyers likely accounted for more than a third of property purchases in February but high levels of low equity mortgage lending could foreshadow future problems

Low equity lending to first home buyers surged to a record high in January

Low equity lending to first home buyers surged to a record high in January

Forty-five percent of first home buyers' mortgages were low equity loans in October

Forty-five percent of first home buyers' mortgages were low equity loans in October

Low equity mortgage lending to first home buyers is at record levels

Low equity mortgage lending to first home buyers is at record levels

The estimated average price paid by first home buyers in June was $682,000

The estimated average price paid by first home buyers in June was $682,000

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

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

First home buyers aren't paying more to get a home of their own but more of them are taking out low equity mortgages

First home buyers aren't paying more to get a home of their own but more of them are taking out low equity mortgages

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