Pay rises won't cover interest rate rise
Pressure on employers to boost workers' wages is not going to be enough to cover the rising cost of mortgage rates, warns an economist.
Pressure on employers to boost workers' wages is not going to be enough to cover the rising cost of mortgage rates, warns an economist.
The Government talks up the prospects of a new supply of housing for first-home buyers in Auckland, but is there a funding gap?
There's no shortage of cranes on Auckland's skyline. What is in short supply is enough new homes for the growing city.
Fixing a mortgage will cost you more this year than it did last year.
Kiwibank is blaming rising funding costs on its decision to lift mortgage rates twice since the start of the year.
Some Kiwis could face losing their homes if interest rates rise but we are not as far under water as our Australian neighbours.
Corazon Miller talks to three generations of one family who all own property in Supercity about why they chose to buy and the sacrifices they made.
Experts are urging people to plan ahead for increasing mortgage rates and their potential flow on effect to rents.
The management team at Barclays dared prosecutors to sue. The Justice Department obliged.
Some mortgage holders are breaking their fixed terms early to lock in longer term rates before they rise further, says a broker.
Tougher times in banking mean 5000 ANZ staff will miss out on an $800 share bonus this year.
It is hard to understand why Finance Minister is wary about giving the Reserve Bank the power it wants to impose an income limit on house mortgage lending.
Debt to income limits would damage the Auckland housing market and New Zealand's economy, property valuers say.
Online descriptions of houses to rent are reaching remarkable heights, prompting questions about truth in advertising, and whether the law is being broken.
New clamp-downs on residential property investors appear to be working.
A mortgage fraudster has been sentenced to three years and two months in jail for his part in a $33 million swindle.
ANZ has announced an assistance package for customers impacted by the 7.5 magnitude earthquake on Monday night.
COMMENT: If Trump carries out his trade and defence threats, NZ would face the risk of slower global economic growth, higher interest rates and fewer capital flows.
The squeeze is being put on home loan borrowers as a second major bank lifts its fixed term mortgage rate.
Home loan borrowers look set to face higher fixed-term mortgage rates despite a predicted cut to the official cash rate this week.
ANZ - the country's largest bank - has announced a 13 per cent drop in net profits to $1.54 billion for the year to September 30 . The
The number of new residential mortgage registrations declined nationally by 21 per cent in September.
A pair of best friends who split at $12.3 million Big Wednesday win last year have some advice for tonight's potential jackpot winner.
BNZ boss Anthony Healy says mortgage holders should not expect predicted cuts to the official cash rate to flow through to home loan
An Auckland man has admitted his part in a mortgage fraud, pleading guilty to 16 charges of obtaining by deception.
New data shows nearly 90 per cent of all personal debt in New Zealand is tied up in property.
Financial adviser Hannah McQueen answered your money questions in a live chat.
Labour has renewed calls to ban foreigners buying New Zealand houses.
A lawyer says foreigners buy 29 per cent of New Zealand properties, not 3 per cent as reported in official state data.
The number of home loans and amount being borrowed has dipped ahead of further lending restrictions, but one mortgage broker says