Mortgages
Division over OCR cut and problems with RBNZ
The NZ Institute of Economic Research (NZIER) shadow board is split over whether the Reserve Bank should drop the OCR tomorrow.
More...The RBNZ pivot is here
As most of the country’s economic indicators fall, the BNZ and Kiwibank are calling for an immediate OCR cut.
More...Massive liberalisation of planning rules to end housing woes
Housing minister Chris Bishop has revealed plans to “flood the market” with enough land to end the country’s housing crisis.
More...Good and bad news for home owners from RBNZ
The Reserve Bank's latest monetary policy statement had good news and bad news for residential property owners.
More...BREAKING: OCR 5.50% - Monetary Policy remains restrictive
The Monetary Policy Committee today agreed to hold the Official Cash Rate (OCR) at 5.50%.
More...DTIs will have no significant impact on house prices immediately
The Reserve Bank doesn't expect its proposed DTI restrictions to have a significant impact on house prices in the short-term.
More...RBNZ gives details of new lending rules
The Reserve Bank has reveled its proposed debt-to-income (DTI) restrictions alongside plans to loosen loan to value ratios (LVR) for residential lending.
More...First home buyers’ mortgage market share hits a record
The share of new mortgages to first home buyers rose for the third consecutive month to 24.4% last month, up slightly from 24.3% in May, the latest Reserve Bank figures show.
More...Potential home buyers urged to consult mortgage advisers
Tenants should be consulting mortgage advisers in an effort to buy a house as rents skyrocket, says Tim Kearins, Century 21 New Zealand owner.
More...Tony Alexander predicts
Economist Tony Alexander says New Zealand is about to experience “a period of rapid house price growth.”
More...House buyers slow on reading market changes
When the New Zealand housing market turns as it has in Australia, a lot of people won’t understand it, says economist Tony Alexander.
More...Migrant tap back on
New Zealand appears to be flinging open the immigration doors again.
More...BREAKING: RBNZ raises OCR by 50 bps
The Monetary Policy Committee today increased the Official Cash Rate (OCR) by 50 basis points, from 4.75 percent to 5.25 percent.
More...Home buyers still shying away from market
Mortgage lending is still in the doldrums with the $3.8 billion borrowed last month, the lowest since records began in 2013.
More...Warning to Du Val over misleading investors
Property development company Du Val Capital Partners suspension of cash distributions to investors in the company’s mortgage fund has drawn a formal warning from the FMA for misleading conduct.
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