Government has today pushed through changes to the Responsible Lending Code to unwind problematic CCCFA laws—introduced in 2021—which made it much harder to Kiwi to get a loan. Here's our take on the changes.
New Zealand economic data has painted a pretty sorry picture in recent months. But bad news for the economy will eventually be good news for Kiwi mortgage borrowers when it comes to the future of interest rates.
Later this year, a new set of lending restrictions - DTIs - will come into effect in New Zealand, setting rules for how much people can borrow to buy a home based on a multiple of their income. Here's what you need to know.
Over the life of your mortgage, you'll fork out at tens - probably hundreds - of thousands in interest payments. But there are tricks to help you get your home loan paid off faster, and save a packet.
Squirrel is offering a free* refinancing service for HSBC customers impacted by the bank's plan to exit the New Zealand retail banking market.
The Reserve Bank have said that 5.50% is still as high as they think they will need to take the cash rate. So does that mean the housing market now suddenly picks up strongly straight away? Or will it sit flat for perhaps three years as a lot of people optimistically believe?
The Reserve Bank has today pushed through a 0.25% increase to take us from 5.25%, up to its peak forecasted OCR of 5.50% - while also making it clear we've hit peak rates for this economic cycle.
Buyers have been waiting for two years now for prices to look more reasonable. With a record turnaround in net migration inflows to New Zealand, falling house prices, and high job security, is the market getting set for a better Spring?
We’re only 0.25% off the Reserve Bank’s (RBNZ’s) forecasted peak OCR – so will Kiwis be hit by other OCR hike, or have interest rates in New Zealand already peaked for this economic cycle?
With borders officially reopening, many Kiwi expats are planning a move home once more. Here's everything you need to know about getting a mortgage in New Zealand after living overseas.
Tighter LVR restrictions might feel like the end of the world for first home buyers right now, but the good news is these measures are only ever temporary. Here are our tips to give you the best chance of success under current conditions.
If you're going through a divorce, you probably have a whole lot of questions about navigating changes to your mortgage, and where to next. We’ve got you covered.