A lawyer says foreigners buy 29 per cent of New Zealand properties, not 3 per cent as reported in official state data.

The number of home loans and amount being borrowed has dipped ahead of further lending restrictions, but one mortgage broker says

Some customers of the BNZ have received incorrect messages from the bank telling them their accounts are thousands of dollars in the red.

The number of homeowners forced to sell because of debt has dropped 30 per cent in past year - which experts say is a sign of a more buoyant economy.

COMMENT: Getting rid of that big debt involves paying more, more often.

Overseas residents bought 1749 out of the 57,678 homes sold in New Zealand between April and June, newly-released data shows.

New lending restrictions for property investors will make it harder for small-business owners to access capital.

All four big banks are now applying new lending restrictions to home loans - six weeks ahead of the Reserve Bank's official September deadline.

Labour leader Andrew Little set out the affordable housing policy at a speech in New Lynn this afternoon.

When the police raided the Auckland home of fraudster Eli Devoy, they found a "veritable Aladdin's cave of compromising material".

COMMENT: Insurance man confused at best, lying at worst -- KiwiSaver schemes equal on matter of tax credits.

Eli Devoy faces jail over fraudulent scheme involving 11 Auckland properties.

An interest-only mortgage allows the borrower to pay just the interest on their loan, but could there be some big hidden risks?

COMMENT: Increasing your mortgage for an overseas holiday might not have a sunny ending.

A week ago, when the Budget had delivered no answers to the hyperinflation of house prices, the PM told us to wait for a National Policy Statement.

So interest rates stay at a record low - does this mean mortgage rates are going to fall?

The Reserve Bank has left the OCR unchanged.

Savers look set to suffer more pain at the bank after the Reserve Bank made a surprise move and cut the official cash rate.

Fewer homeowners lost their properties in mortgagee sales last year as near record-low interest rates make it easier for struggling property owners.

The husband of a woman allegedly at the heart of a $6 million mortgage fraud has been summoned as a prosecution witness in the case against her.

Banks reduce their three-year fixed rates - but there are strings attached.

SBS bank has dropped its ultra low 3.99 per cent one year fixed home loan rate pushing the cheapest rate borrowers can get back.

Deep Blue has conquered the world of chess - now it's about to revolutionise mortgage-approvals.

The value of home loan approvals hits new record.

Kiwi mortgage holders may see an increase in longer fixed term rates over the coming weeks after the US Federal Reserve lift rates this morning.

A young couple wonder if they should reduce their loan or invest in property.

Some mortgage holders will have to wait till the New Year before getting their interest rate cut - not so for new customers though.

Homeowners are being urged to fix their mortgages now to make the most of record-low interest rates - which experts say are at rock bottom.