Now that interest rates have started along their downward path the recommended borrowing strategy is to go short. By short we are talking six months or one year. 19-09-2008 more >>
Following last week's half a percentage point cut to official interest rates, the ANZ is advising mortgage borrowers to keep their borrowing at relatively short terms. 18-09-2008 more >>
Housing affordability improved by a record amount in August to its best level since January last year after house prices fell sharply and fixed mortgage rates fell below 9 per cent. 16-09-2008 more >>
For homeowners holding off selling in the current climate of falling property values, it is time to maintain and increase their equity in preparation for the next market upturn 15-09-2008 more >>
Reserve Bank governor Alan Bollard surprised the market with a bigger-than-expected interest rate cut, citing a marked slowdown in household spending and a deteriorating global economy. 12-09-2008 more >>
National will cut back on the excessive red tape in the building industry and instead drive quality by encouraging warranties, better standards and improved skills, says National’s Building and Construction spokesman, Nick Smith.
11-09-2008 more >>
Three banks have now moved to cut mortgage rates, after Reserve Bank Governor Alan Bollard this morning surprised the market with an aggressive 0.5 per cent cut in the official cash rate. 11-09-2008 more >>
Sweeping new real estate reforms were passed by Parliament last night, bringing in a consumer-friendly era for house buyers and sellers. 06-09-2008 more >>
landlords have developed their own set of rules, barring them from renting dirty places, telling lies or making racists remarks to tenants 05-09-2008 more >>
Financial markets and commentators expect to see a further cut in the official cash rate of interest next week. The Reserve Bank is due to announce its latest decision on the rate on Thursday 11 September. 05-09-2008 more >>
The report covers Housing Affordability, Lawyers and Conveyancers Act, Housing Policies of the Kiwi Party, National Party, NZ First and Green Party, the Housing NZ Appeal against the Tenancy Tribunal decision and a table of legislation. 29-08-2008 more >>
Positive response to Code from media.
Rental market slow around country.
MPs appreciative of NZPIF input to RTA Bill.
Recent visits to PIAs.
28-08-2008 more >>
The Bank of New Zealand is proposing to make more than half its mobile mortgage managers redundant in the face of the continuing property slump 25-08-2008 more >>
Home investors and buyers are in a frenzy over an estimated five-fold increase in mortgagee sales in the last year, but bargain hunters are set to be disappointed. 25-08-2008 more >>
The feature article in the August 20 ANZ Property Focus replies to a commentator who believed the ANZ economists were not taking basic economic laws sufficiently into account 22-08-2008 more >>
Lenders are continuing to tweak their rates downwards as they react to the cut last month in New Zealand's official rate of interest and look forward to further falls. 22-08-2008 more >>
More people think house prices will keep falling - yet a growing number also think it's a good time to buy one, according to new housing confidence survey. 19-08-2008 more >>
National is making noises about Government help to the owners of leaky buildings, but is unlikely to meet local government demands to pay a big share of the repair bills 18-08-2008 more >>
