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.

Do you live off savings? Or maybe paying off a mortgage? Here's why the OCR matters.

New Zealand consumer confidence rose for a second month after hitting a three-year low in August.

Mike Pero's name still synonymous with the enterprise he founded.

Investors took out nearly $2 billion in mortgages in a month, the latest statistics show - 33 per cent of all new lending.

For many Kiwis, paying off a mortgage is a marathon effort - but on November 1, 10 lucky Auckland Marathon runners will have the chance to run down their rate

Years after the great housing bust, so-called liar loans - made without verifying people's finances - are creeping back into the US market.

An Auckland mortgage expert warns that speculators are driving up house prices, making it harder for first home buyers who are getting regularly outbid.

Investors will soon have another option when it comes to beating the savings' rate on money in the bank.

Auckland Council contacts police over claims homeowner, whose house was sold by mortgagee sale today, has been paying rates to unregistered Maori authority.

Seven former Mike Pero Mortgages' franchisees have taken High Court action over restraint-of-trade obligations.

Credit card debt is considered unsecured debt unlike your mortgage where a bank can sell your house if you fail to make payments.

Mortgage rates have dropped again. SBS Bank is offering a 4.85 per cent rate for an 18-month term - the lowest deal around.

The sub-5 per cent mortgage rate is back - three major banks have dropped fixed term rates in the last week.

ASB customers should be in line for a drop in their home loan interest rates this month.

Two more major banks have announced mortgage rate cuts following the Reserve Bank's decision yesterday to lower the official cash rate.

The Reserve Bank's decision to lower the official cash rate has been heralded as a positive move for house buyers outside Auckland.

Personal finance and investing columnist Brent Sheather on the pitfalls of home equity release arrangements or reverse mortgages.

As the average price of an Auckland home hits over $800,000 more people are turning to friends to help them get into the property market.

Sixty is the new 50 even when it comes to mortgages.

Banks foreclosed on more than 700 properties in the last year when financially strapped homeowners could no longer afford repayments.

ASB has followed the lead of ANZ and Kiwibank and slashed its fixed mortgage rates.