Property

"Buyers look set to continue having the upper hand in the housing market, according to the September figures from property website Realestate.co.nz."

by Greg Ninness

Personal Finance

"This is the biggest fall in non-performing mortgage debt since October 2020 during a period in which a brief pandemic spike was unwinding."

by David Hargreaves

non-performing housing loans

Mortgage pain diminishes - sharp drop in non-performing loans

Latest Reserve Bank figures show the amount of non-performing housing loans dropped by $88 million in August following a $55 million fall in July - suggesting that the reductions in mortgage interest rates are having a positive impact

1st Oct 25, 11:16am

by David Hargreaves

Latest Reserve Bank figures show the amount of non-performing housing loans dropped by $88 million in August following a $55 million fall in July - suggesting that the reductions in mortgage interest rates are having a positive impact