The Minister for Building Issues announced the review of the New Zealand Building Code at the Certified Builders Association of New Zealand Conference on 27 May. 30-12-1899 more >>
Mortgage Rate Report: The Spring campaign amongst banks for mortgage business has started, and it has been more aggressive than some expected. 30-12-1899 more >>
All the major lenders have now put their floating rate loans up to 10.05% following the latest increase in the official cash rate (OCR) to 7.75%. 30-12-1899 more >>
Economists are unanimous that Reserve Bank governor Alan Bollard will leave interest rates unchanged when he reviews his official cash rate on Thursday; the only debate is how hawkish his comments will be. 30-12-1899 more >>
No-deposit mortgages enter the banking mainstream this weekend - but they could tie struggling first home buyers to their parents for life. 30-12-1899 more >>
The coalition government's housing strategy of initiatives, released today, contains excellent steps to help Kiwis into their first homes and the Progressive Party is campaigning in this year's election to do even more for low income families, says MP Matt Robson. 30-12-1899 more >>
Demand for rental housing is projected to soar over the next decade, far outstripping the ability of typical New Zealand landlords to offer suitable properties to tenants. 30-12-1899 more >>
The momentum of fixed rate cuts slowed last week, then picked up for the beginning of this week, with a plethora of one-year rate decreases emerging for the first time in ages. 30-12-1899 more >>
National Party housing spokesman Phil Heatley is urging Labour not to push up rents for struggling families renting in the private sector. 30-12-1899 more >>
Lenders have started to push up the cost of home loans following the increase in the official cash rate from 7.25% to 7. 5% last Thursday. 30-12-1899 more >>
All the excitement last week centred on the National Bank cutting some of its rates which was portrayed as possibly the start of another price war. 30-12-1899 more >>
The Reserve Bank of New Zealand unsurprisingly left the official cash rate unchanged last week, but lenders are doing the easing for it by continuing to cut fixed rates amid the heat of competition. 30-12-1899 more >>
Floating rate mortgages have, as predicted, broken the 10% barrier following the latest rise in the Official Cash Rate (OCR) to 7.75%. 30-12-1899 more >>
Anne Gibson reports that an analysis of the poor financial performance of Auckland's apartment market showed some units had had a quarter of their value wiped out. 30-12-1899 more >>
New Zealand First is concerned that many New Zealanders will never be able to attain the Kiwi dream of home ownership, or even worse, will over-extend themselves by taking up questionable offers of finance by banks. 30-12-1899 more >>
Mortgage brokers are facing cuts of up to 30% in commission paid by some banks from October. The cuts are expected to result in widespread changes in the industry, encouraging diversification and mergers between groups. 30-12-1899 more >>
