The official cash rate has lifted again this week to 4.75%. This is the highest the rate has been since January 2009. Wednesday's hike was the 10th straight rise, with experts predicting the OCR to peak at 5.5% later this year...

As interest rates rise, it’s possible New Zealand will experience an increase in ‘mortgagee sales’, which presents both opportunities and risks for buyers. A mortgage sale is when a borrower defaults on their mortgage, causing the lender (i.e. the mortgagee) to seize and sell the property.

One of the big reasons to use mortgage advisers, rather than go direct-to-lender, is because they give you more choice. And one big way in which advisers offer more choice is by including non-bank lending institutions on their home loan panel.

Property investors throughout most parts of New Zealand are enjoying gains in their rental income, but those increases are occurring at decreasing rates. Rents rose by 4.0% (as per the flow measure) in the year to July 2022, according to the most recent data from Stats NZ.

Splashing out on the high life too regularly can jeopardise any hopes homebuyers have of securing a bank loan, a leading New Zealand mortgage specialist warns.

If last year was a good time to be a seller, this is now a good time to be a buyer, based on analysis from Trade Me Property.

Residential construction costs have recorded their fastest rate of growth over both a quarter and year, according to CoreLogic’s Cordell Construction Cost Index.

New Zealanders have revealed the three most important things they want from financial institutions.

New borrowing regulations that came into effect in December 2021 are having unintended negative consequences, according to a new review.

Purchasing a turnkey property can seem like the answer to all your prayers for first home buyers and investors. Brand new, ultra-modern and at a fixed price, what’s not to like?

Happy New Year! Here’s to a prosperous 2022! It goes without saying that 2021 was a year for the history books.

With all the hype and lead up to the Christmas season, you’d think we all had an unlimited budget to party through the festive season and purchase everyone on our contact list a Christmas gift. While that’s a nice idea, it’s not so realistic.

Spring traditionally sees an uplift in the market as would-be sellers and buyers capitalise on the feel-good factor of warmer weather and longer days.

It may come as a surprise and even a shock, but Labour and National have agreed sweeping changes to housing density rules in a rare show of unity.

Extended lockdowns and rising interest rates have resulted in mortgage stress for many Kiwis.

The government has recently published draft legislation, which provides more detail on how the scheme will work. Here’s an overview of what you need to know.

Getting on that first rung of the property ladder is more a giant leap than a small step for many young first home buyers

For many Kiwis, weeks spent in lockdown staring at the same four walls has highlighted an urgent need for a refresh. And the arrival of spring is the perfect time to crack on with sprucing up your home.

The recent re-emergence of Covid in the community and snap lockdown saw the Reserve Bank decide not to change the official cash rate (OCR).