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MORTGAGES

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.

Subject to final consultation, LVR limits will restrict high-risk lending, particularly to property investors
Mortgages

Loan-to-value restrictions back in from March - Reserve Bank

Subject to final consultation, LVR limits will restrict high-risk lending, particularly to property investors
Latest Reserve Bank mortgage lending figures show Kiwis borrowed $7.3 billion in September, up 32.8 percent on last year.
Mortgages

'Housing market on steroids:' Mortgage lending hits record high of $7.3 billion in September

Latest Reserve Bank figures show mortgage lending is up 32.8 percent on last year.

Related video: Finance Minister Grant Robertson spoke to media in March. Credits: Video - Newshub, Image - Getty.
Mortgages

'If you can afford it, repay': Extending mortgage holiday will add cost, expert warns

How a 6-month holiday on a $600,000 loan could cost up to $6000 more.

A new benefit will alleviate financial pressure during the grieving period.
Mortgages

Mortgage interest paid for a year if joint borrower dies

A new benefit will alleviate financial pressure during the grieving period.