Latest fromMortgages
ASB Bank reports record $372m profit - up 31pc
ASB Bank has reported a record $372 million statutory net profit for the six months to December 31, up 31.3 per cent.
Big banks relaxing mortgage rules
The big banks are increasing the amount of residential mortgages they're writing with loan to value ratios (LVRs) in excess of 80 per cent, after tightening home loan lending ratios during the global financial crisis.
Struggle to tackle property addiction
Major political parties' lack of policies to redress our love affair with housing has bred frustration in economic circles.
Economy on the mend, but global threats loom, says NZIER
New forecasts from the NZIER say the economy is growing slowly this year and keep growing next year, but exports are threatened by a potential global slowdown.
Crisis to rival 2008 credit crunch if US debt talks fail
Higher interest rates and an economic shock could be in store for Kiwis if US debt crisis talks fail.
Red zone mortgage rates slashed
Academic says it's important for banks to be seen as socially responsible.