Mortgage lending
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
Banks are lending more to first home buyers with less than a 20% deposit
The average prices being paid by first home buyers have declined slightly over winter
28th Sep 23, 8:17am
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The average prices being paid by first home buyers have declined slightly over winter
There are early signs that first home buyer activity could be starting to stabilise
29th May 23, 11:17am
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There are early signs that first home buyer activity could be starting to stabilise
NZ has a long-running housing crisis, house prices have outstripped incomes since the early 2000s. But more than just housing supply and subsidies, we also need policies to make homes affordable and a long-term, apolitical programme for social housing
29th Nov 22, 2:07pm
37
NZ has a long-running housing crisis, house prices have outstripped incomes since the early 2000s. But more than just housing supply and subsidies, we also need policies to make homes affordable and a long-term, apolitical programme for social housing
First home buyers with less than a 20% deposit are paying more for a home than buyers with a full deposit, pushing up their mortgage risk profile for banks
29th Jun 22, 11:44am
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First home buyers with less than a 20% deposit are paying more for a home than buyers with a full deposit, pushing up their mortgage risk profile for banks
Early criticism of the effect credit contracts law changes are having on first home buyers may be misplaced
8th Feb 22, 1:21pm
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Early criticism of the effect credit contracts law changes are having on first home buyers may be misplaced
Mortgage lending growth slows, but first-home buyers manage to cobble together deposits big enough for them to remain key players in the market
31st Jan 22, 6:03pm
29
Mortgage lending growth slows, but first-home buyers manage to cobble together deposits big enough for them to remain key players in the market
The majority of new mortgages aren't used to buy houses but the Reserve Bank is keeping the numbers secret for the time being
4th Nov 21, 3:28pm
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The majority of new mortgages aren't used to buy houses but the Reserve Bank is keeping the numbers secret for the time being
First home buyers borrowed an average of $548,000 during September
Finance Minister Grant Robertson says he moved as quickly as was responsible to give the Reserve Bank new tools to restrict banks' mortgage lending
3rd Aug 21, 2:47pm
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Finance Minister Grant Robertson says he moved as quickly as was responsible to give the Reserve Bank new tools to restrict banks' mortgage lending
Finance Minister agrees 'in-principle' to give RBNZ debt-to-income tools; Consensus yet to be reached on how the impact on first-home buyers would be minimised
16th Jun 21, 10:29am
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Finance Minister agrees 'in-principle' to give RBNZ debt-to-income tools; Consensus yet to be reached on how the impact on first-home buyers would be minimised
Grant Robertson considers RBNZ advice on new tools to potentially restrict mortgage lending; Jenée Tibshraeny doesn't see changes in the immediate future, but believes financial stability will take centre stage
26th May 21, 8:00am
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Grant Robertson considers RBNZ advice on new tools to potentially restrict mortgage lending; Jenée Tibshraeny doesn't see changes in the immediate future, but believes financial stability will take centre stage
RBNZ to provide Govt with advice on debt-to-income and interest-only mortgage restrictions weeks after it releases its Financial Stability Report on May 5
28th Apr 21, 8:24am
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RBNZ to provide Govt with advice on debt-to-income and interest-only mortgage restrictions weeks after it releases its Financial Stability Report on May 5
PM pleased the RBNZ is looking to reimpose stricter bank lending rules on investors than owner-occupiers, but won't go so far as to suggest what new LVR rules should look like
17th Nov 20, 6:34am
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PM pleased the RBNZ is looking to reimpose stricter bank lending rules on investors than owner-occupiers, but won't go so far as to suggest what new LVR rules should look like
Westpac says the reintroduction of LVRs on new mortgage lending would probably be aimed at property investors
11th Nov 20, 10:43am
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Westpac says the reintroduction of LVRs on new mortgage lending would probably be aimed at property investors
Westpac expects household debt levels to keep increasing but falling interest rates will keep repayments affordable for the time being
8th Sep 20, 10:48am
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Westpac expects household debt levels to keep increasing but falling interest rates will keep repayments affordable for the time being
Existing home owners still receive the bulk of new mortgage lending but investors are the fastest growing group with first home buyers not far behind
21st Dec 19, 9:56am
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Existing home owners still receive the bulk of new mortgage lending but investors are the fastest growing group with first home buyers not far behind
Morgan Stanley analysts pick already weak mortgage lending growth from the Aussie parents of New Zealand's big four banks to weaken further
4th Dec 19, 9:15am
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Morgan Stanley analysts pick already weak mortgage lending growth from the Aussie parents of New Zealand's big four banks to weaken further
RBNZ enforces $10.1b increase in risk weighted assets on ANZ NZ related to mortgage and farm lending in a move that comes with an $800 mln increase to ANZ NZ's minimum regulatory capital requirements
20th May 19, 5:59pm
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RBNZ enforces $10.1b increase in risk weighted assets on ANZ NZ related to mortgage and farm lending in a move that comes with an $800 mln increase to ANZ NZ's minimum regulatory capital requirements
Analysis of new mortgage lending shows that the slump in Auckland home sales has affected all types of buyers from people moving up the property ladder to investors and first home buyers
31st May 18, 10:06am
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Analysis of new mortgage lending shows that the slump in Auckland home sales has affected all types of buyers from people moving up the property ladder to investors and first home buyers
Greg Ninness says KiwiBuild is not just about building more homes - it could be transformational for the construction sector and bring major changes for banks as well
24th Mar 18, 6:28am
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Greg Ninness says KiwiBuild is not just about building more homes - it could be transformational for the construction sector and bring major changes for banks as well
Aussie regulator heightens oversight of banks' interest-only mortgages, property investor lending, serviceability metrics and mortgage securitisation
31st Mar 17, 12:07pm
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Aussie regulator heightens oversight of banks' interest-only mortgages, property investor lending, serviceability metrics and mortgage securitisation
Analysts see growth in Australian investment property lending as a 'concerning development' due to elevated house prices and household leverage
2nd Feb 17, 10:10am
Analysts see growth in Australian investment property lending as a 'concerning development' due to elevated house prices and household leverage
Westpac economists say total mortgage lending may have held up better than banks expected under the RBNZ's LVR limits
3rd Mar 14, 2:16pm
Westpac economists say total mortgage lending may have held up better than banks expected under the RBNZ's LVR limits