Lower mortgage rates, or higher bank margins?
Declines in fixed interest rates in the US have fed through to some reductions in NZ’s bank wholesale borrowing costs. Will this m...
Mortgage rates | no spring specials in sight, what’s in store for summer?
Costs for banks to borrow money have decreased. Added with the higher lending rates they provide, can banks afford to start cuttin...
Are Kiwi households tightening up spending habits enough?
For Kiwi borrowers, times are tough and by necessity set to get tougher for those with rates rolling off in the next few months. With the chance of the Reserve Bank nudging the OCR higher by a final 0.25%, should Kiwis be fearing the worst?
Uncertainty around mortgage interest rates
The past 1-2 weeks has brought quite a pullback in confidence about inflation and monetary policy, but it's not because the economic outlook has suddenly improved.
Broker releases 5% deposit mortgage for first home buyers
It allows deposits of as low as 5%, and is aimed at helping first home buyers who have good incomes but not enough deposit to meet the 20% often demanded by trading banks, or who don’t qualify for the Government’s Kainga Ora scheme.
FOMO in Auckland’s property market is real
The Auckland housing market seems to be waking from its slumber and it seems that buyers are eager to get in on the action as quickly as possible.