Podcasts
Listen to Newshub's latest podcasts
ThreeNow
Watch the latest current affairs shows
Palmerston North
AKL
18° 10°

MORTGAGES

Bank and mortgage experts share their top tips for prospective home buyers.
Mortgages

'Under the microscope': Top tips for mortgage borrowers amid tougher lending restrictions

Bank and mortgage experts share their top tips for prospective home buyers.

An October Tony Alexander mortgage broker survey shows banks, while still willing to lend, are taking a more cautious approach.
Mortgages

'A new world': Tightening of credit availability making it tougher for home buyers to get loans - mortgage survey

An October Tony Alexander mortgage broker survey shows banks are taking a more cautious approach to new lending.

Economists are forecasting a 25 basis point rise to the Official Cash Rate rise on Wednesday, in what would mark the first rise in seven years.
Mortgages

'Most pressure': The borrowers most affected by an August cash rate rise

Economists are forecasting the Official Cash Rate to rise by 25 basis points to 0.50 percent on Wednesday.
Mortgage brokers suggest getting a pre-approval first, setting a price limit and structuring the mortgage around needs.
Mortgages

Home-buyers: Three tips to avoid becoming a slave to the mortgage

Mortgage brokers suggest getting a pre-approval first, setting a price limit and structuring the mortgage to suit needs.

A Tony Alexander mortgage adviser survey for May shows less enquiry from first home-buyers.
Mortgages

More first-home buyers pulling away from property, but investor enquiries bounce back

"I think most of the investors and the first home-buyers are in a 'wait and see' pattern."

The monthly credit report from Centrix shows the number of borrowers in financial hardship reached 11,900 in April.
Mortgages

Mortgages in financial hardship up 10 percent in April, tipped to rise over coming months - credit report

The number of borrowers in financial hardship reached 11,900 in April.

Squirrel is introducing a new mortgage product offering first-home buyers with higher incomes borrowing of up to 95 percent.
Mortgages

New mortgage product caters for first-home buyers with deposits as low as 5 percent

First-home buyers can borrow with a 5 percent deposit.

ASB bank confirmed on Wednesday it will consider investor loan applications for new builds where equity is less than 40 percent (LVR over 60 percent).
Mortgages

Major bank revokes decision to clamp down on investor lending for new builds

New builds are exempt from loan-to-value ratio (LVR) restrictions.

A leading economist says he doesn't expect large falls in interest rates - but short-term fixed rates could get slightly cheaper.
Mortgages

Fix, float or both: Expert tips for borrowers wanting to take advantage of cheap mortgage rates

Mortgage rate options for new borrowers and those with fixed interest rates about to expire.