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.
LVR restrictions eased for investors and owner-occupiers
The Reserve Bank has loosened LVR restrictions, with changes coming into effect in January. Banks will be able to provide 20% of their owner-occupier loans to borrowers with a deposit of less than 20%. While lenders will be able to allocate 5% of new ...
First home buyers outshine investors
Investor lending remained flat in October while first home buyers continued their strong resurgence in the property market, latest RBNZ data shows.
FSR Preview: Will the Reserve Bank loosen LVR restrictions?
The Reserve Bank will publish its latest Financial Stability Report tomorrow, with all eyes on whether it will loosen LVR restrictions. Some economists "expect" loosening, but others say recent heat in the market could cause the central bank to hold off.
Peer-to-peer lending on the rise
More individuals and businesses in New Zealand are turning to peer-to-peer lending, according to new figures from the Financial Markets Authority.