A new Hawke's Bay initiative is helping people with mental health issues find a rented home without having to spend months on a waiting list. 27-07-2007 more >>
In a feature article in the lastest ANZ Property Focus published July 23, ANZ economists say they believe that ring-fencing investment tax losses lacks a sound economic rationale. 24-07-2007 more >>
Mortgage brokers are facing cuts of up to 30% in commission paid by some banks from October. The cuts are expected to result in widespread changes in the industry, encouraging diversification and mergers between groups. 20-07-2007 more >>
Increasing home loan rates are not the only thing hurting borrowers at the moment. One brokers says joining KiwiSaver could make refinancing even harder. 13-07-2007 more >>
ANZ/National Bank increased its share of the mortgage market in the September quarter, the first quarter it hasn't lost market share since the June 2006 quarter. 12-07-2007 more >>
Anne Gibson reports that consumers may need to arm themselves with lawyers to do battle against rich real estate agents and their firms under the new system unveiled by the Government yesterday. 11-07-2007 more >>
James Weir of the Dominion Post reports that business confidence is rebounding despite high interest rates and a high flying dollar and economists say this is another sign of "remarkable resilience". 29-06-2007 more >>
Written submissions to the Commerce Select Committee Inquiry into housing affordability (examining the cost of housing for first home buyers) –closed this month (15 June). 29-06-2007 more >>
Loans underlying New Zealand residential mortgage-backed securities (RMBS) recorded a slight rise in arrears greater than 30 days over the March quarter. 22-06-2007 more >>
A captial gains tax to cool the booming property market was a knee-jerk reaction toa cyclical problem, leading Dunedin tax accountant said yesterday. 19-06-2007 more >>
Home owners or people about to sign up to a mortgage to buy a property don’t have many good interest rate choices in front of them at the moment. 15-06-2007 more >>
A high flying Auckland property developer has warned others in his sector they could be inadvertently flouting the securities law beacuse of the way they sell housing developments. 14-06-2007 more >>
The Property Council says the Government's solution to boost cheap houses for first home buyers would push up the prices of other houses. 12-06-2007 more >>
In the past week a number of home loan lenders have been dropping some of their fixed term rates however this shouldn't be seen as an ongoing trend. 07-06-2007 more >>
Kiwibank has ended its two week price-cutting campaign designed to attract business from borrowers refinancing off maturing fixed rate deals. 31-05-2007 more >>
Dwelling unit approvals look to be trending back upwards in a move that could add to pressure on the Reserve Bank to lift interest rates at its review next Thursday. 30-05-2007 more >>
In the feature article of the May issue of ANZ's Property Focus, the simple demand-supply housing balance measures across the regions highlight Auckland and Wellington as areas where the market remains tightest. Conversely, a turning point is not too far away in the majority of regions, noteably Gisborne, Hawke's Bay and Taranaki. 27-05-2007 more >>
Last week had with some good news for borrowers with Kiwibank dropping some of its fixed rate home loans in an effort to capture some of the refinance business in the market. 25-05-2007 more >>