ANZ hikes interest rates for second time in a month
The bank has put the changes down to a significant rise in wholesale rates.
The bank has put the changes down to a significant rise in wholesale rates.
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Shopping around for the best rate could save you thousands of dollars in interest.
SBS Bank has lent money to 850 first-home buyers during the year.
Retail banks have started hiking rates in the wake of last week's hawkish RBNZ call.
Former governor says the RBNZ has a fight on its hands after a big Budget.
Higher rates will put more pressure on households already facing a cost of living crisis.
Nick's home loan repayments have just jumped $650 a fortnight.
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The Reserve Bank has released its six-monthly report on NZ's financial stability.
Mortgage applications are down 12 per cent compared to last year.
With tough new lending rules, here's how to give yourself the edge with the bank.
A $600k mortgage could soon cost an extra $200/week yet many borrowers are ahead on loans.
Thousands of first home buyers could be in trouble as interest rates rise.
RBNZ looks prepared to hike rates faster but not necessarily to a higher peak.
Brace for higher mortgage rates sooner.
The Credit Contracts and Consumer Finance law was tightened on December 1.
The law change was designed to protect vulnerable borrowers but its effect is different.
Chief executive says the "kitchen sink" has been thrown at the housing market.
The move comes after the Reserve Bank increased the official cash rate.
Property price growth could fall below 5 per cent this year, an economist says.
Borrowers will have to meet a number of criteria to qualify.
David Clark has rebuffed a National offer to fix the mortgage lending crisis.
The minister said he had already received feedback from the banks.
OPINION: Our editorial picks interest rates to rise again next week...and keep rising.
The warning comes from a Reserve Bank briefing to Finance Minister Grant Robertson.
Nicola Willis and Andrew Bayly think they have a fix to home buyers' credit woes.