Mortgage lending strong in January
Posted: Feb 27th, 2020In: Real NewsAccording to the latest Reserve Bank’s data, mortgage lending volumes are on the rise with New Zealanders borrowing a total of $4.7 billion in January – the highest figure on record for any January since[...]
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Busiest January in four years
Posted: Feb 25th, 2020In: Real NewsAccording to the latest REINZ report, the New Zealand property market had a strong start to the year, with the most residential properties sold in four years. If you are planning your next property moves[...]
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How to help your children into their first home
Posted: Feb 24th, 2020In: Mortgage TipsPurchasing a house is the quintessential Kiwi dream, and with good reason. In most parts of the country, property prices have been rising steadily in recent years, and many New Zealanders view home ownership as[...]
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Interest rates may remain low until 2022
Posted: Feb 19th, 2020In: Real NewsThis week, in the aftermath of RBNZ’s decision to keep the OCR at 1 per cent, ASB economists peered into their crystal ball and came up with a bold prediction: “We now expect the OCR[...]
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The challenges first-home buyers face across the Tasman
Posted: Feb 14th, 2020In: Lending NewsAs the new First Home Loan Deposit Scheme debuts in Australia, New Zealand property experts discuss housing affordability issues. For more on this, don’t miss our monthly Trans-Tasman update on all things lending and property.[...]
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RBNZ plays down economic impact of Coronavirus
Posted: Feb 12th, 2020In: Real NewsThis week, the Reserve Bank of New Zealand (RBNZ) decided to keep the official cash rate (OCR) at 1 per cent. The decision was widely expected by economists, who couldn’t but notice the “upbeat” tone[...]
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First-home buyers have increased presence in the market
Posted: Feb 5th, 2020In: Real NewsIn December 2019, New Zealanders borrowed $6.5 billion – up nearly $1.2 billion compared with December 2018. And at 18.5 per cent, first-home buyers moved to a new record high share of the amount borrowed. [...]
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