News
Rates change all the time. Keep up to date with the latest activity so you can manage your mortgage and pay-it-off faster.
Investors increasing Auckland price pressure – RBNZ
Growing investor demand for Auckland property has exacerbated the price pressures arising from the underlying supply shortage, the Reserve Bank says.
LVR restrictions tweaked
Sharper loan-to-value restrictions for Auckland investors should never have happened in the first place, it was argued today, as the Reserve Bank announced a little more leeway.
Property prices to blame for S&P downgrade
Rampant Auckland property prices – as opposed to the banking and finance system itself - are to blame for Standard & Poor’s downgrading of New Zealand’s risk assessment.
NZ faces rising financial system risks – S&P
Robust house price growth – particularly in Auckland – is elevating risks to New Zealand’s financial system, according to Standard & Poor’s latest Banking Industry Country Risk Assessment (BICRA).
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