Mortgage payments
First home buyers will have trouble finding their happy place if they are on average incomes
25th Nov 23, 6:00am
169
First home buyers will have trouble finding their happy place if they are on average incomes
Ongoing rises in mortgage interest rates gazumped rising incomes and drooping house prices for first home buyers last month
21st Aug 23, 1:31pm
99
Ongoing rises in mortgage interest rates gazumped rising incomes and drooping house prices for first home buyers last month
First home buyers benefit from rising incomes in a stalled property market - but only slightly
17th May 23, 12:01pm
43
First home buyers benefit from rising incomes in a stalled property market - but only slightly
Home ownership remains out of reach for first home buyers on average incomes in spite of recent falls in house prices
22nd Mar 23, 9:00am
159
Home ownership remains out of reach for first home buyers on average incomes in spite of recent falls in house prices
Almost a third of first home buyers have less than a 20% deposit and the average amount they're paying for a home is down $58,300 since April last year
25th Feb 23, 7:15am
119
Almost a third of first home buyers have less than a 20% deposit and the average amount they're paying for a home is down $58,300 since April last year
Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
26th Jan 23, 9:59am
172
Big price falls in Auckland, BoP, Taranaki, Manawatu, Wellington, and Nelson/Marlborough a boon for first home buyers last month
The fall in house prices since 2021's peak has helped first home buyers but rising interest rates mean home ownership is still a struggle for those on average wages
16th Dec 22, 10:28am
59
The fall in house prices since 2021's peak has helped first home buyers but rising interest rates mean home ownership is still a struggle for those on average wages
Housing affordability for first home buyers the worst it has been since interest.co.nz began producing affordability reports in 2004
22nd Nov 22, 10:59am
204
Housing affordability for first home buyers the worst it has been since interest.co.nz began producing affordability reports in 2004
The position of aspiring first home buyers has deteriorated substantially over the last three years
23rd Oct 22, 6:00am
234
The position of aspiring first home buyers has deteriorated substantially over the last three years
First home buyers must navigate between the swings and roundabouts of lower house prices and higher mortgage interest rates
22nd Jul 22, 10:02am
148
First home buyers must navigate between the swings and roundabouts of lower house prices and higher mortgage interest rates
House prices at the bottom of the market now falling in every region, but first home buyers no better off due to rising interest rates
19th May 22, 10:00am
131
House prices at the bottom of the market now falling in every region, but first home buyers no better off due to rising interest rates
Some light relief for first home buyers in Auckland as price falls at the bottom of the market outpaced interest rate rises
21st Mar 22, 11:48am
119
Some light relief for first home buyers in Auckland as price falls at the bottom of the market outpaced interest rate rises
Reserve Bank says 25 basis points OCR hike will see average mortgage holder pay an extra $825 a year
25th Feb 22, 5:00am
52
Reserve Bank says 25 basis points OCR hike will see average mortgage holder pay an extra $825 a year
It's not just first home buyers who may struggle with rising mortgage interest rates, existing home owners are also likely to be squeezed
29th Jan 22, 9:15am
125
It's not just first home buyers who may struggle with rising mortgage interest rates, existing home owners are also likely to be squeezed
Rising interest rates mean lower house prices may not bring much relief to hopeful first home buyers
Rising interest rates and sky high deposit requirements are pushing home ownership further out of reach for people on average wages, even as the market cools
24th Jan 22, 11:55am
142
Rising interest rates and sky high deposit requirements are pushing home ownership further out of reach for people on average wages, even as the market cools
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
Prices at the bottom end of Auckland's housing market increased $85,000 in October making home ownership the preserve of the highly paid
23rd Nov 21, 6:26pm
101
Prices at the bottom end of Auckland's housing market increased $85,000 in October making home ownership the preserve of the highly paid
Mortgage payments are just as affordable for first home buyers as they were three years ago, thanks to falling interest rates and higher wages
22nd Nov 20, 6:02am
239
Mortgage payments are just as affordable for first home buyers as they were three years ago, thanks to falling interest rates and higher wages
Our best-in-class mortgage calculators give you unique insights when you are making key decisions involving borrowing in today's sky-high housing market - despite low interest rates
27th Oct 20, 2:18pm
2
Our best-in-class mortgage calculators give you unique insights when you are making key decisions involving borrowing in today's sky-high housing market - despite low interest rates
House prices at the bottom of the market have been largely flat in Auckland for several months but have kept rising in most of the rest of the country
27th Oct 20, 10:29am
85
House prices at the bottom of the market have been largely flat in Auckland for several months but have kept rising in most of the rest of the country
Buying a home with less than a 10% deposit carries risks, but over the long term it may be a risk worth taking
27th Sep 20, 6:02am
220
Buying a home with less than a 10% deposit carries risks, but over the long term it may be a risk worth taking
If they can scrape together a deposit, mortgage payments should be affordable for first home buyers on average incomes in all regions including Auckland
27th Aug 20, 10:04am
174
If they can scrape together a deposit, mortgage payments should be affordable for first home buyers on average incomes in all regions including Auckland
The mortgage payments on a lower quartile-priced home have declined by nearly $40 a week since February, Interest.co.nz Home Loan Affordability Reports show
27th Jul 20, 5:00am
53
The mortgage payments on a lower quartile-priced home have declined by nearly $40 a week since February, Interest.co.nz Home Loan Affordability Reports show
Housing getting further out of reach for first home buyers as strong price rises cancel out the benefits of falling interest rates, interest.co.nz’s latest Home Loan Affordability Reports show
26th Nov 19, 12:01pm
129
Housing getting further out of reach for first home buyers as strong price rises cancel out the benefits of falling interest rates, interest.co.nz’s latest Home Loan Affordability Reports show
Latest cuts to interest rates may only reduce mortgage payments by a dollar or two a week
7th Aug 19, 4:26pm
23
Latest cuts to interest rates may only reduce mortgage payments by a dollar or two a week