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New Zealand Herald - MortgagesKiwibank wrests mortgage share from bigger rivalspublished about 20 hours ago
State owned Kiwibank, which is largely funded from relatively cheap domestic sources including retail deposits, is wresting market share from its major rivals and growing ... more
Death of home buyers' dreampublished 2 days ago
Would-be homeowners in our three main centres are likely to have to wait at least 14 years to buy an average house under strict new ... more
Editorial: Banks' tougher lending rules in tune with economic timespublished 2 days ago
It's an ill wind that blows nobody any good, as the saying goes. Homeowners with big mortgages must have been reflecting on the truth of ... more
ANZ expects to lose businesspublished Fri, Nov 28 2008 10:00 GMT
ANZ chief executive Graham Hodges expects the decision to tighten its lending policy will mean it misses out on some new mortgage business but the ... more
Mortgages up $72 a week from year agopublished Thu, Nov 27 2008 16:00 GMT
The median weekly mortgage payment rose by $72 in the June year from the previous 12 months, new figures show. The 27.8 per cent rise ... more
Bank move makes it harder to buy a homepublished Wed, Nov 26 2008 10:00 GMT
New Zealand's largest banking group has doubled its minimum mortgage deposit, leaving would-be homebuyers needing to find tens of thousands more before buying. From today, ... more
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