Credit card warning for home loan borrowers
First-home buyers are being urged to reduce their credit card limits to borrow for a home.
First-home buyers are being urged to reduce their credit card limits to borrow for a home.
Profits for the non-bank sector have risen by more than 10 per cent, KPMG report finds.
The Reserve Bank has made a good call to move early but moderately on loan restrictions.
Police Association will lobby for allowances for members living in pricey cities, towns
A new one-stop shop money comparison website has launched in New Zealand.
High house prices are here to stay unless mortgage rates shoot up, says Peter Thompson.
OPINION: Possible minimum wage rises have upset some business leaders - but why?
HSBC has launched a record low home rate of 3.87 per cent.
Simon Lawrence Turnbull last year admitted his role in a mortgage fraud.
In his last major speech as Governor Graeme Wheeler offers clues on the future of LVRs
Banks are not lending up to the limit for low deposit home-buyers.
COMMENT: Banks' refusal to loan and recladding costs are forcing many to the wall.
Wanting to retire in your 40s? You'll need to learn how to become a super-saver.
As the property market plateaus, these tips will help you get in to your first home.
Selling a house or switching mortgages to another bank can be costly.
Flat New Zealand result but Australian operation awash with cash.
BNZ bank has posted a profit of $416 million in its first half.
COMMENT: You shouldn't put your boat on the house, writes Diana Clement.
Households are borrowing more relative to disposable income than before the financial crisis.
Kiwibank says funding pressures and infrastructure spending are behind a 13 per cent drop in the bank's half year profit.
While other banks have increased home loan rates in recent weeks HSBC has come out with a 3.99 per cent rate for an 18 month fixed term loan.
Don't expect interest rates to stay still despite the Reserve Bank's decision to keep the official cash rate on hold.
Home-buyers took a breather at the end of last year with new residential mortgage lending dipping down.
Pressure on employers to boost workers' wages is not going to be enough to cover the rising cost of mortgage rates, warns an economist.
The Government talks up the prospects of a new supply of housing for first-home buyers in Auckland, but is there a funding gap?
There's no shortage of cranes on Auckland's skyline. What is in short supply is enough new homes for the growing city.
Fixing a mortgage will cost you more this year than it did last year.
Kiwibank is blaming rising funding costs on its decision to lift mortgage rates twice since the start of the year.
Some Kiwis could face losing their homes if interest rates rise but we are not as far under water as our Australian neighbours.
Corazon Miller talks to three generations of one family who all own property in Supercity about why they chose to buy and the sacrifices they made.