First home buyers
First home buyers are becoming increasingly active in the housing market but they are choosing carefully
13th Feb 25, 9:52am
74
First home buyers are becoming increasingly active in the housing market but they are choosing carefully
Latest monthly RBNZ figures show sharp drops in what customers were paying on new mortgage rates in the second half of last year - but the bank yields on existing mortgages are falling only very slightly
12th Feb 25, 9:00am
4
Latest monthly RBNZ figures show sharp drops in what customers were paying on new mortgage rates in the second half of last year - but the bank yields on existing mortgages are falling only very slightly
Latest monthly RBNZ figures show that in December the very brief flirtation with floating rate mortgages was replaced by a surge of interest in six month fixed rates
10th Feb 25, 3:47pm
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Latest monthly RBNZ figures show that in December the very brief flirtation with floating rate mortgages was replaced by a surge of interest in six month fixed rates
Home loan affordability improved significantly for first home buyers in 2024 thanks to three key factors
7th Feb 25, 10:09am
156
Home loan affordability improved significantly for first home buyers in 2024 thanks to three key factors
More people turned to Kiwisaver as a financial safety net during 2024, withdrawing $2 billion
4th Feb 25, 2:48pm
5
More people turned to Kiwisaver as a financial safety net during 2024, withdrawing $2 billion
David Hargreaves examines the year's worth of mortgage figures for 2024 and compares figures over a the 10-year timeframe that the detailed Reserve Bank data now covers
31st Jan 25, 12:55pm
15
David Hargreaves examines the year's worth of mortgage figures for 2024 and compares figures over a the 10-year timeframe that the detailed Reserve Bank data now covers
Latest Reserve Bank figures show of more than $8 billion of new mortgage commitments in December, over $2 billion was customers swapping loan providers
29th Jan 25, 3:45pm
12
Latest Reserve Bank figures show of more than $8 billion of new mortgage commitments in December, over $2 billion was customers swapping loan providers
BNZ chief economist Mike Jones says going short has 'tended to pay off' but he is 'compelled to offer a few competing viewpoints'
22nd Jan 25, 10:41am
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BNZ chief economist Mike Jones says going short has 'tended to pay off' but he is 'compelled to offer a few competing viewpoints'
Floating mortgage rates see a huge surge in popularity, with over $3.5 billion of lending done at floating rates in November, according to new RBNZ figures
13th Jan 25, 3:55pm
33
Floating mortgage rates see a huge surge in popularity, with over $3.5 billion of lending done at floating rates in November, according to new RBNZ figures
Falling house prices at the bottom of the market and lower mortgage rates improve affordability for first home buyers
21st Dec 24, 9:00am
74
Falling house prices at the bottom of the market and lower mortgage rates improve affordability for first home buyers
Latest Reserve Bank figures show a sharp rise in the amount of new borrowing on floating rates, while among fixed rates the one-year term has soared in popularity
9th Dec 24, 1:32pm
17
Latest Reserve Bank figures show a sharp rise in the amount of new borrowing on floating rates, while among fixed rates the one-year term has soared in popularity
Reserve Bank figures show $1.58b rise in bank mortgage stock in October; amounts on floating mortgage rates rose by the most in over 13 years
2nd Dec 24, 2:29pm
21
Reserve Bank figures show $1.58b rise in bank mortgage stock in October; amounts on floating mortgage rates rose by the most in over 13 years
More first home buyers are purchasing a home of their own and they're paying more for them and borrowing more
30th Nov 24, 9:10am
76
More first home buyers are purchasing a home of their own and they're paying more for them and borrowing more
Reserve Bank increases its 2025 house price growth forecast; latest monthly figures show seasonally adjusted rise of 3.3% in committed mortgages; investors take biggest share of mortgage money since early 2021
28th Nov 24, 9:02am
159
Reserve Bank increases its 2025 house price growth forecast; latest monthly figures show seasonally adjusted rise of 3.3% in committed mortgages; investors take biggest share of mortgage money since early 2021
Early KiwiSaver withdrawals during October tick over $200 million for the first month ever
21st Nov 24, 3:17pm
45
Early KiwiSaver withdrawals during October tick over $200 million for the first month ever
First home buyers with less than a 20% deposit may be able to get a low equity mortgage but they may not be able to afford the repayments
21st Nov 24, 2:01pm
97
First home buyers with less than a 20% deposit may be able to get a low equity mortgage but they may not be able to afford the repayments
Independent global economic researchers Capital Economics say despite their expectation the RBNZ will slash the OCR to just 2.25% in 2025 the housing market price recovery will be 'muted'
20th Nov 24, 8:45am
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Independent global economic researchers Capital Economics say despite their expectation the RBNZ will slash the OCR to just 2.25% in 2025 the housing market price recovery will be 'muted'
The country’s biggest banks ‘dangling the carrot’ via home loan cashbacks ranging from $5,000 to as much as $25,000
16th Nov 24, 6:52am
23
The country’s biggest banks ‘dangling the carrot’ via home loan cashbacks ranging from $5,000 to as much as $25,000
Latest quarterly Reserve Bank figures show the levels of new high debt-to-income borrowing are still well below the official limits that came into force in July this year
14th Nov 24, 10:35am
21
Latest quarterly Reserve Bank figures show the levels of new high debt-to-income borrowing are still well below the official limits that came into force in July this year
Latest Reserve Bank figures show over $70 billion worth of mortgages is due to be refixed before the end of 2024
4th Nov 24, 2:43pm
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Latest Reserve Bank figures show over $70 billion worth of mortgages is due to be refixed before the end of 2024
Reserve Bank figures show the annual housing lending growth rate has risen to 3.7% from 3.5% in the past month; non-performing housing loans fall for second consecutive month
31st Oct 24, 3:58pm
17
Reserve Bank figures show the annual housing lending growth rate has risen to 3.7% from 3.5% in the past month; non-performing housing loans fall for second consecutive month
Home owners who bought their first house a decade ago are now well placed to move up the property ladder
31st Oct 24, 9:36am
100
Home owners who bought their first house a decade ago are now well placed to move up the property ladder
Over 7,500 people made early KiwiSaver withdrawals in September, tapping into over $176 million for home ownership and financial hardship reasons
25th Oct 24, 1:52pm
19
Over 7,500 people made early KiwiSaver withdrawals in September, tapping into over $176 million for home ownership and financial hardship reasons
Latest figures suggest about 5000 people a month are moving into a home of their own for the first time
25th Oct 24, 11:45am
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Latest figures suggest about 5000 people a month are moving into a home of their own for the first time
Latest mortgage figures from the Reserve Bank show, on a seasonally adjusted basis, mortgage commitments by value rose 6.9% in September
24th Oct 24, 3:54pm
29
Latest mortgage figures from the Reserve Bank show, on a seasonally adjusted basis, mortgage commitments by value rose 6.9% in September