Interest rates have been left on hold by the Reserve Bank this morning, with governor Alan Bollard confirming again that he intends to keep them low till "the latter part of 2010".

Rising house prices and interest rates have combined to weaken home loan affordability to its worst level since December 2008.

Kiwibank is increasing its fixed mortgage rates for the second time this month.

The number of houses sold in September rose 10 per cent, while prices increased 0.9 per cent.

The Federal Reserve is beefing up its examination of US banks, fearing that profligate lending to commercial property developers could ultimately prove as damaging to the financial system as the subprime mortgage debacle.

Baby Boomer lifestyles 'are coming home to roost' as defaults on credit payments rise, a credit information provider says.

The High Court has dismissed a claim by Whangarei pensioners Judy and Bruce Bartle that GE Money acted wrongly when it lent them money to buy a Blue Chip apartment.

It's harder than ever to get into a new home, a study released today by interest.co.nz reveals.

Top economists are warning potential home buyers to proceed with caution as another bank drops its variable mortgage rate to the lowest in 40 years.

A mortgage broker is one of three men allegedly involved in a massive mortgage and property price scam.

A high-profile criminal is accused of master-minding mortgage frauds described as NZ's most complicated, costly and cunning.