Wednesday, February 21st 2024

Sales dive to new depths – lending at low DTIs

House sales have plunged to their second lowest level in about 40 years, only 2% up on January’s sales last year, which were the lowest since 1983.

Heartland Bank - Online 6.69
Unity 6.99
SBS FirstHome Combo 7.05
ICBC 7.05
China Construction Bank 7.09
Wairarapa Building Society 7.15
Co-operative Bank - First Home Special 7.15
Westpac Special 7.29
BNZ - Classic 7.29
Kiwibank Special 7.35
Co-operative Bank - Owner Occ 7.35
Heartland Bank - Online 6.45
Unity First Home Buyer special 6.45
China Construction Bank 6.75
TSB Special 6.75
ICBC 6.85
Wairarapa Building Society 6.85
Unity 6.85
BNZ - Classic 6.85
Westpac Special 6.89
Kiwibank Special 6.89
ANZ Special 6.89
Westpac Special 6.39
China Construction Bank 6.40
ICBC 6.49
BNZ - Classic 6.55
ASB Bank 6.55
SBS Bank Special 6.59
Kiwibank Special 6.59
AIA - Go Home Loans 6.69
Co-operative Bank - Owner Occ 6.75
TSB Special 6.79
Westpac 6.99
SBS FirstHome Combo 6.19
AIA - Back My Build 6.19
ANZ Blueprint to Build 7.39
Credit Union Auckland 7.70
ICBC 7.85
Heartland Bank - Online 7.99
Pepper Money Essential 8.29
Co-operative Bank - Owner Occ 8.40
Co-operative Bank - Standard 8.40
First Credit Union Standard 8.50
Kiwibank 8.50
DTIs will have no significant impact on house prices immediately

Tuesday, January 23rd 2024

DTIs will have no significant impact on house prices immediately

The Reserve Bank doesn't expect its proposed DTI restrictions to have a significant impact on house prices in the short-term.

RBNZ gives details of new lending rules

Tuesday, January 23rd 2024

RBNZ gives details of new lending rules

The Reserve Bank has reveled its proposed debt-to-income (DTI) restrictions alongside plans to loosen loan to value ratios (LVR) for residential lending.

Listings surge and prices up

Monday, December 18th 2023

Listings surge and prices up

Property prices have edged up slightly heading into the summer break.

Housing market still at a low ebb despite lift in sales

Wednesday, December 13th 2023

Housing market still at a low ebb despite lift in sales

While the Real Estate Institute of New Zealand’s (REINZ) November data show a solid increase in sales, up by 15.7%, from 5,550 to 6,422, month-on-month, and up by 12.2%, from 5,724 to 6,422, compared to November last year, the number was the lowest for a November month since 2011.  Apart from November last year, last month’s sales were below 7,000 for a November month since 2013.

Become a registered member and receive our weekly newsletter - Register Now!

Existing members - Login here

Landlords

I'm about to inherit 1 residential (bought 5+ yrs ago, may be owned under their names) & 2 commercial properties (bought 5+ yrs ago & i ...

Landlords

Interest deductibility on new builds

Interest deductibility on new builds for 20 years with code of compliance certificate after March 27,2020 irrespective of who the owners are over t ...

Landlords

Transfer properties from LTC to Family Trust

Under current changes to the property if I transfer properties (got few) from LTC to Family Trust would the transferred property attract bright lin ...

Landlords

Home and income property purchase in Australia

I would like to rent my owner-occupied property which is debt free and leveraging its equity (redraw facility) for a future Home and income propert ...

;
[OPINION] How to make 20% from commercial property

[OPINION] How to make 20% from commercial property

The great thing about commercial property is that there are a lot of ways to actively increase value.

[OPINION] How the next Government can help tenants

[OPINION] How the next Government can help tenants

We hear many ways each political party talks about the housing crisis, and their solutions to fix this. Adding a new tax and tougher RTA rules to rental property providers is obviously not the answer.

[OPINION] New Zealand’s broken property market

[OPINION] New Zealand’s broken property market

I have a deep annoyance with broken systems. Especially when, with the right settings, they could be fixed.

[OPINION] The country needs freedom from crazy council zoning laws

[OPINION] The country needs freedom from crazy council zoning laws

Over the past year or so, house prices in most parts of New Zealand have come back a bit, probably as a result of the relatively rapid rise in mortgage interest rates.

[Watch] August property market update

[Watch] August property market update

Get right up to speed with what has been happening in the NZ property market. Corelogic Head of Research, Nick Goodall takes you through the latest trends in this video.

Home loans for humans

Home loans for humans

Watch a new video from Squirrel on its home loan product.