Latest from Mortgages

Back-pocket boost: Households could receive hundreds of dollars in extra disposable income
Consumer confidence continues to tread water – but it's not all bad news for households.

Major bank cuts rates for second time in three weeks
BNZ and Westpac now have the lowest six-month and one-year rates on the market.

Median house prices down again, sales taking longer: monthly report
Economists have reacted to the updated figures: are May public holidays to blame?

Editorial: Lack of transparency erodes trust in Reserve Bank
OPINION: The staff at the RBNZ dug their fox holes – and they dug them deep.

Final big bank drops home loan rates after OCR cut
Westpac announced changes to its six-month and one-year rates today.

Housing market stabilising as mortgage rates ease - Cotality
62% of suburbs recorded flat or rising median values for standalone houses.

Chris Knox: Why it's time to dump Auckland Council's property valuations
OPINION: Council valuations are a year old on release and don't reflect property values.

Greens argue rich list proves case for tax. Act disagrees
The Greens say the growing wealth is evidence for taxing the rich more.

New, never-lived-in Auckland apartment project up for mortgagee sale
WFT Finance brought in a subcontractor to finish the apartments before calling Colliers.

Refixing the mortgage? Should you float or fix – and for how long?
Latest Official Cash Rate cut sparks another round of mortgage wars.

Mary Holm: We came to NZ with nothing and managed to buy a house
OPINION: But it's not so easy for those with physical or mental health issues.

Mortgage wars: Another major bank cuts home loan rates
ASB joins ANZ in cutting its fixed mortgage rates.

Middle-aged stress: Financial hardships rise despite mortgage relief
Those between 35 and 49 are experiencing the highest rate of financial hardships.

ANZ cuts home loan rates, lowest rate in three years
The bank has cut all of its home loan rates and the majority of its term deposits.

First-home buyers getting older as affordability remains elusive
First-home buyers are on average up to three years older than they were in 2019.

Banks drop interest rates after Reserve Bank cuts OCR
The Official Cash Rate was dropped from 3.5 to 3.25%. ANZ and BNZ have begun moving.

Jenée Tibshraeny: Has the Reserve Bank shot itself in the foot?
Uncertainty could spell more OCR cuts ... or not.

Major NZ bank cuts home loan rates ahead of OCR decision
The Reserve Bank is widely expected to cut the Official Cash Rate tomorrow.

Hayden Wilson: Budget 2025 - A pass mark, with reservations
Opinion: Budget's bold tax move could spur business investment.

Nearly 500k people behind on loan payments, mortgage arrears hit eight-year high
The OCR has fallen 200 basis points since August, but home owners are still struggling.

Floating rate fad helps Westpac's profit grow 10%
Bank reports $525 million profit in six months.