Floating mortgages now over 50pc of all NZ home loans
More than half of New Zealand's $168.2b of mortgages are now on floating rates, says the Reserve Bank.
More than half of New Zealand's $168.2b of mortgages are now on floating rates, says the Reserve Bank.
Is it 'tragic' that families now need two adults working to own a home?
A new affordability report shows lower interest rates and house prices made it easier for first-home buyers to get into the market.
Banks have slashed interest rates after the Official Cash Rate was cut to a record low of 2.5 per cent.
BNZ and Kiwibank have joined the other banks and cut mortgage rates.
Sister banks ANZ and National have cut mortgage interest rates.
Both Huljich and Fidelity have recently made significant changes to their KiwiSaver businesses that point to a slowdown dead ahead.
David Chaplin looks into the Exclusive Brethren's BCF KiwiSaver scheme.
Winning lotto ticket a bonus in Auckland man's annual handmade Christmas card from his 13-year-old son.
A Kiwi mum who witnessed her husband's murder at the hands of "greedy" family members in India says she is still traumatised.