Low equity loans
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
88
Latest figures suggest about 5000 people a month are moving into a home of their own for the first time
Not many options in the upper North Island for aspiring first home buyers with less than a 20% deposit
22nd Oct 24, 12:03pm
55
Not many options in the upper North Island for aspiring first home buyers with less than a 20% deposit
At last some good news for first home buyers as a combination of falling prices and lower interest rates substantially reduce the cost of home ownership
21st Sep 24, 9:00am
55
At last some good news for first home buyers as a combination of falling prices and lower interest rates substantially reduce the cost of home ownership
Housing market downturn is helping first home buyers get into a home of their own
29th Aug 24, 9:32am
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Housing market downturn is helping first home buyers get into a home of their own
[updated]
Banks typically charge low equity fees for borrowers with deposits below 20%. Are these reapplied if equity rises above 20% and then drops back below 20%?
24th Jul 24, 5:00am
29
Banks typically charge low equity fees for borrowers with deposits below 20%. Are these reapplied if equity rises above 20% and then drops back below 20%?
Banks are lending more to first home buyers with less than a 20% deposit
First home buyers are paying $659,481 on average to get into a home of their own
27th Apr 24, 6:43am
37
First home buyers are paying $659,481 on average to get into a home of their own
Average amount first home buyers are paying for a home dropped by almost $17,000 last month
29th Feb 24, 8:56am
47
Average amount first home buyers are paying for a home dropped by almost $17,000 last month
Small moves in house prices and interest rates in June leave home loan affordability little changed
25th Jul 23, 12:16pm
58
Small moves in house prices and interest rates in June leave home loan affordability little changed
About 13,000 recent home buyers could now be facing negative equity
Home ownership remains out of reach for first home buyers on average incomes in spite of recent falls in house prices
22nd Mar 23, 9:00am
159
Home ownership remains out of reach for first home buyers on average incomes in spite of recent falls in house prices
First home buyers becoming less likely to face negative equity due to slightly lower prices and a big decline in low equity mortgages
28th Sep 22, 11:52am
54
First home buyers becoming less likely to face negative equity due to slightly lower prices and a big decline in low equity mortgages
Big decline in low equity loans to first home buyers who are consolidating their position at the bottom of the market
31st Aug 22, 12:44pm
23
Big decline in low equity loans to first home buyers who are consolidating their position at the bottom of the market
First home buyers borrowed an average of $548,000 during September
Some 37% of first home buyers bought with a low equity loan in August