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.

House values are climbing back towards last year's levels but the rise may be just temporary, one valuation company says.

ASB's floating home mortgage rate is the cheapest on the market and is thought to be the lowest available to home buyers for decades.

Auckland has enjoyed a huge boom in real estate sales over the past 12 months, says Barfoot & Thompson.

SFO alleges deception involved inflating the purchase price of property.