Funding for property development and subdivisions dries up
Developers will have to hold on until financiers feel more confident again.
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Latest from Mortgages
On a mortgage holiday? Expect a call from your bank soon
Getting off a mortgage "holiday" as soon as possible is a good thing.
Mortgage wars - how low can they go? ANZ offers 2.79%
The move comes after 2.99% and 2.89% rates from competing banks in recent weeks.
Mortgage wars: Home owners could save up to $70 a week
Savings to be had as banks slash rates.
Property lifeline: More than 100,000 Kiwis taking mortgage relief
New data shows more than 100,000 households are seeking mortgage relief from their bank.
BNZ boss: Businesses in better shape than post GFC
BNZ's latest half year result took a Covid-19 hit but the CEO remains confident.
Tens of thousands of Kiwis apply for mortgage holidays
Major banks reveal how many New Zealanders have applied for mortgage holidays.
Finance company mortgage borrowers fear losing their homes
Finance company industry says it is working on a plan with Government.
Six-month mortgage holiday will increase loans, but people will keep their homes
Meanwhile most bank branches will be closed from tomorrow.
Mortgage holiday scheme likely to stop housing market 'fire sale'
The move means people won't lose their homes, as a result of Covid-19, the Govt says.
Borrowing could get tougher again this year, experts warn
The rallying property market may need reining in if it runs too hot.
Home loan interest rates set to rise off bank capital increase
Predictions of how much borrowers could be hit by bank capital increase.
No relief for first-home buyers: Mortgage restrictions to continue
The Reserve Bank has assessed its bank lending restrictions.
Editorial: Housing lift means Reserve Bank should pause on rates
EDITORIAL: With housing market heating up, it's the Reserve Bank paused on rate cuts.
The KiwiSaver provider offering home loans at 2.95%
Simplicity is branching out into home loans.
ASIC defends Westpac loans case appeal
ASIC cites "forward-looking consumer protection" as reason for appeal
Market Watch: Why do investors buy bonds with negative returns?
As interest rates and bonds head for negative territory, what keeps investors interested?
Liam Dann dives into the weird world of negative interest rates
Is NZ headed for negative rates? How will they work? And why is Adrian Orr so relaxed?
Bank mortgage break fee concerns on the rise
More people have contacted the Banking Ombudsman about mortgage break fees.
Auckland couple break mortgage for better deal with rival bank
A mortgage adviser says there's no harm in checking if you could reel in a better deal.
It's on the house: Our $265bn mortgage debt monster
Mortgage debt is still rising faster than incomes.
Judge outraged: Elderly woman deceived out of $500,000 retirement savings
Trio ordered to pay back Northland woman's retirement savings.
Reserve Bank keeps NZ rates at record low, anticipates more cuts
The Reserve Bank has left its official cash rate unchanged at 1.5 per cent.
Kiwibuild marketing giving 'false hope' to first home buyers
KiwiBuild accused of giving "false hope" to first home buyers.
KiwiBuild grilled over questionable mortgage marketing
Is KiwiBuild encouraging people to take on too much debt?
Could securing a mortgage get easier?
New data shows bank lending is well below the cap.
Switching to record low home-loan deals could save $1000: Canstar
Kiwis could save more than $1000 on interest fees by making a home loan switch.
'Staring down a barrel': Kiwis lugging mortgages set for tough retirement
Retirement isn't set to be a golden period for many New Zealanders.
Housing crash: Sales slump 13pc - banks, Govt, CGT talk blamed
REINZ data is out this morning.
Mortgage wars: 3 year rates now below 4%
Two major banks are now offering sub-4 per cent rates over three years.
Average first-home buyer signs on for $400k mortgage
There a concerns about first home buyer's reliance on KiwiSaver for home deposits.
Mortgage wars: Bank offers NZ's lowest-ever rate
Falling wholesale rates help banks cut home loan rates.
Diana Clement: Should I break my mortgage?
Comment: Do you kick yourself when interest rates fall?
Bombshell banking report: Will you pay more on your mortgage?
An Australian report recommends scrapping commission payments to mortgage brokers.