
Finance Minister's warning to highly indebted home loan borrowers
Deputy Prime Minister speaks at the Financial Services Council conference.
Deputy Prime Minister speaks at the Financial Services Council conference.
COMMENT: Mark Lister says the next 12 months is going to be eventful for the economy
Banks have virtually shut up shop for low deposit lending on existing properties.
Mortgages will cost more but rates are still low by historic standards.
Reserve Bank is expected to lift the cash rate again next week.
And some may get turned down for loans that would have been approved in the past.
Tax breaks a huge incentive for landlords to evict hard workers - rent to social housing.
More than 20 per cent of Auckland SME's said they didn't expect their business to survive.
ANZ and Kiwibank to increase variable rates for borrowers.
Mortgage debt has ballooned to over $317 billion.
The number of borrowers with million dollar plus mortgages has doubled in four years.
Why mortgage rate rises could hurt borrowers faster this time around.
ANZ says it is a long road back to levels where houses will be considered "affordable".
Family with two adults and two children now paying out more than $1600 a week.
An increase in interest rates looks set to put a squeeze on borrowers.
All four of the major banks have now confirmed an increase in rates.
The policy pieces are all falling into place, but will the housing market listen?
Westpac's decision not to sell its NZ operation is a moral victory for the Reserve Bank.
Warning comes as mortgage rates expected to begin rising from the end of this year.
Borrowers and investors would be wise to take heed of likely interest rate rises.
SFO investigators searched several properties associated with the probe last week.
But expert doubts many will go to mortgagee sale.
What impact has the LVRs and government property announcements had on lending?
Squirrel is launching a new product aimed at helping Kiwis get on the property ladder.
The RBNZ continues to keep its options wide open as it deals with Covid-19 uncertainty.
While lower interest rates help homeowners, rising rents just add to pressure on the poor.
Mortgaged investors bought up 30 per cent of the properties sold in January.
What will happen when the mortgage deferral scheme ends?
The mortgage war is being fought at an even lower benchmark now.