Latest fromMortgages

Is this the end of the ultra low mortgage?
Kiwi mortgage holders may see an increase in longer fixed term rates over the coming weeks after the US Federal Reserve lift rates this morning.

Mary Holm: A mortgage-rental dilemma
A young couple wonder if they should reduce their loan or invest in property.

Here's why your mortgage rate takes time to fall
Some mortgage holders will have to wait till the New Year before getting their interest rate cut - not so for new customers though.

Mortgage rates: 'Now's the time to fix'
Homeowners are being urged to fix their mortgages now to make the most of record-low interest rates - which experts say are at rock bottom.

Three reasons why the OCR matters
Do you live off savings? Or maybe paying off a mortgage? Here's why the OCR matters.

Too middle class for a loan
Broker claims "nanny state" banks turning down families with high spending.

Bernard Hickey: The loan stats that should frighten you
In 1992 banks and borrowers were as risk-averse, writes Bernard Hickey. Fast forward to 2015 and the mathematics are on another planet.

Confidence keeps rising
New Zealand consumer confidence rose for a second month after hitting a three-year low in August.

Run your way to cheaper mortgage
For many Kiwis, paying off a mortgage is a marathon effort - but on November 1, 10 lucky Auckland Marathon runners will have the chance to run down their rate

'Liar loans' are back in the US
Years after the great housing bust, so-called liar loans - made without verifying people's finances - are creeping back into the US market.

QV reveals speculator spike
An Auckland mortgage expert warns that speculators are driving up house prices, making it harder for first home buyers who are getting regularly outbid.

Another way to beat bank savings' rates
Investors will soon have another option when it comes to beating the savings' rate on money in the bank.

House sold over unpaid rates bill
Auckland Council contacts police over claims homeowner, whose house was sold by mortgagee sale today, has been paying rates to unregistered Maori authority.

Mike Pero bust-up hits High Court
Seven former Mike Pero Mortgages' franchisees have taken High Court action over restraint-of-trade obligations.

Liam Dann: It's time for rest of economy to shine
The tide has turned on the economic boom. The slump in dairy prices has once again laid bare the vulnerabilities of a commodity-dominated economy.

Lowest mortgage rates since 1955
It's a 60-year low as banks vie to undercut each other.

Will you pay less on your card?
Credit card debt is considered unsecured debt unlike your mortgage where a bank can sell your house if you fail to make payments.

ASB drops fixed interest home loan rates
ASB customers should be in line for a drop in their home loan interest rates this month.

More banks announce mortgage rate cuts
Two more major banks have announced mortgage rate cuts following the Reserve Bank's decision yesterday to lower the official cash rate.

Rate cut sparks house price fears
The Reserve Bank's decision to lower the official cash rate has been heralded as a positive move for house buyers outside Auckland.

Home equity release - written in reverse
Personal finance and investing columnist Brent Sheather on the pitfalls of home equity release arrangements or reverse mortgages.

Friends club together to afford a house
As the average price of an Auckland home hits over $800,000 more people are turning to friends to help them get into the property market.

Property Report: Myths about mortgages busted
Sixty is the new 50 even when it comes to mortgages.

Marked drop in mortgagee sales
Banks foreclosed on more than 700 properties in the last year when financially strapped homeowners could no longer afford repayments.

ASB follows suit, cuts mortgages
ASB has followed the lead of ANZ and Kiwibank and slashed its fixed mortgage rates.

Why you'll pay less on your mortgage
Westpac could join a mortgage-rate battle after Kiwibank and ANZ slashed their home loan rates.

Mortgage rates slashed
ANZ and KiwiBank have cut their mortgage rates as speculation grows the Reserve Bank will cut the OCR.

Paying to chase cheap money
The number of mortgage holders paying break fees to cash in on near record-low interest rates has jumped, with some homeowners saving thousands from the switch.