Rising house prices and interest rates have combined to weaken home loan affordability to its worst level since December 2008.

Kiwibank is increasing its fixed mortgage rates for the second time this month.

The number of houses sold in September rose 10 per cent, while prices increased 0.9 per cent.

A raft of mortgage rate changes have been announced, affecting both the ANZ and National banks.

The Federal Reserve is beefing up its examination of US banks, fearing that profligate lending to commercial property developers could ultimately prove as damaging to the financial system as the subprime mortgage debacle.

Baby Boomer lifestyles 'are coming home to roost' as defaults on credit payments rise, a credit information provider says.

Pensioners Bruce and Judy Bartle have lost their case against the finance company that lent them more than their house was worth to invest in Blue Chip.

It's harder than ever to get into a new home, a study released today by interest.co.nz reveals.

Top economists are warning potential home buyers to proceed with caution as another bank drops its variable mortgage rate to the lowest in 40 years.

A mortgage broker is one of three men allegedly involved in a massive mortgage and property price scam.

A high-profile criminal is accused of master-minding mortgage frauds described as NZ's most complicated, costly and cunning.

House values are climbing back towards last year's levels but the rise may be just temporary, one valuation company says.