
Home owners face rising interest rates
Some mortgage holders are breaking their fixed terms early to lock in longer term rates before they rise further, says a broker.
Some mortgage holders are breaking their fixed terms early to lock in longer term rates before they rise further, says a broker.
Tougher times in banking mean 5000 ANZ staff will miss out on an $800 share bonus this year.
It is hard to understand why Finance Minister is wary about giving the Reserve Bank the power it wants to impose an income limit on house mortgage lending.
Debt to income limits would damage the Auckland housing market and New Zealand's economy, property valuers say.
Online descriptions of houses to rent are reaching remarkable heights, prompting questions about truth in advertising, and whether the law is being broken.
New clamp-downs on residential property investors appear to be working.
A mortgage fraudster has been sentenced to three years and two months in jail for his part in a $33 million swindle.
ANZ has announced an assistance package for customers impacted by the 7.5 magnitude earthquake on Monday night.
COMMENT: If Trump carries out his trade and defence threats, NZ would face the risk of slower global economic growth, higher interest rates and fewer capital flows.
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.
New data shows nearly 90 per cent of all personal debt in New Zealand is tied up in property.
Financial adviser Hannah McQueen answered your money questions in a live chat.
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.
Reserve Bank says Government should consider reviewing it immigration policy, as migrants were driving up housing demand.
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.