Mortgage lending

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

Latest figures suggest about 5000 people a month are moving into a home of their own for the first time

Latest figures suggest about 5000 people a month are moving into a home of their own for the first time

Banks are lending more to first home buyers with less than a 20% deposit

Banks are lending more to first home buyers with less than a 20% deposit

The average prices being paid by first home buyers have declined slightly over winter

The average prices being paid by first home buyers have declined slightly over winter

There are early signs that first home buyer activity could be starting to stabilise

There are early signs that first home buyer activity could be starting to stabilise

NZ has a long-running housing crisis, house prices have outstripped incomes since the early 2000s. But more than just housing supply and subsidies, we also need policies to make homes affordable and a long-term, apolitical programme for social housing

NZ has a long-running housing crisis, house prices have outstripped incomes since the early 2000s. But more than just housing supply and subsidies, we also need policies to make homes affordable and a long-term, apolitical programme for social housing

First home buyers with less than a 20% deposit are paying more for a home than buyers with a full deposit, pushing up their mortgage risk profile for banks

First home buyers with less than a 20% deposit are paying more for a home than buyers with a full deposit, pushing up their mortgage risk profile for banks

Early criticism of the effect credit contracts law changes are having on first home buyers may be misplaced

Early criticism of the effect credit contracts law changes are having on first home buyers may be misplaced

Mortgage lending growth slows, but first-home buyers manage to cobble together deposits big enough for them to remain key players in the market

Mortgage lending growth slows, but first-home buyers manage to cobble together deposits big enough for them to remain key players in the market

The majority of new mortgages aren't used to buy houses but the Reserve Bank is keeping the numbers secret for the time being

The majority of new mortgages aren't used to buy houses but the Reserve Bank is keeping the numbers secret for the time being

First home buyers borrowed an average of $548,000 during September

First home buyers borrowed an average of $548,000 during September

Finance Minister Grant Robertson says he moved as quickly as was responsible to give the Reserve Bank new tools to restrict banks' mortgage lending

Finance Minister Grant Robertson says he moved as quickly as was responsible to give the Reserve Bank new tools to restrict banks' mortgage lending

Finance Minister agrees 'in-principle' to give RBNZ debt-to-income tools; Consensus yet to be reached on how the impact on first-home buyers would be minimised

Finance Minister agrees 'in-principle' to give RBNZ debt-to-income tools; Consensus yet to be reached on how the impact on first-home buyers would be minimised

Grant Robertson considers RBNZ advice on new tools to potentially restrict mortgage lending; Jenée Tibshraeny doesn't see changes in the immediate future, but believes financial stability will take centre stage

Grant Robertson considers RBNZ advice on new tools to potentially restrict mortgage lending; Jenée Tibshraeny doesn't see changes in the immediate future, but believes financial stability will take centre stage

RBNZ to provide Govt with advice on debt-to-income and interest-only mortgage restrictions weeks after it releases its Financial Stability Report on May 5

RBNZ to provide Govt with advice on debt-to-income and interest-only mortgage restrictions weeks after it releases its Financial Stability Report on May 5