The official cash rate cut won't be passed on to mortgage holders at major banks across New Zealand.

With the average Auckland house is valued at over $1 million Kiwis are beginning to feel dejected, a new ASB survey reveals.

The squeeze is being put on home loan borrowers as a second major bank lifts its fixed term mortgage rate.

Home loan borrowers look set to face higher fixed-term mortgage rates despite a predicted cut to the official cash rate this week.

ANZ - the country's largest bank - has announced a 13 per cent drop in net profits to $1.54 billion for the year to September 30 . The

The number of new residential mortgage registrations declined nationally by 21 per cent in September.

A pair of best friends who split at $12.3 million Big Wednesday win last year have some advice for tonight's potential jackpot winner.

BNZ boss Anthony Healy says mortgage holders should not expect predicted cuts to the official cash rate to flow through to home loan

An Auckland man has admitted his part in a mortgage fraud, pleading guilty to 16 charges of obtaining by deception.

Labour has renewed calls to ban foreigners buying New Zealand houses.

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.

A deep analysis of mortgage registrations has revealed which areas of NZ are the most and least leveraged, and which bank is winning the cut-throat mortgage war.

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.

Home loan rates are pretty low at the moment but could you be getting an even better deal by being the ideal borrower?

WATCH THE ECONOMY HUB: Home owners could face higher mortgage payments if the Reserve Bank doesn't cut rates further this year.