Latest from Mortgages

Ominous sign for stricken homeowners

<i>Mark Lister</i>: Reserve Bank takes everybody by surprise

<i>Inside Money: </i>A message for all concerned parents

"Many mum and dad investors have lost large sums of money because of the poor investment advice they've received," blurted Simon Power.

Queenstown least affordable for homes

Auckland and Queenstown have again been confirmed as having the most unaffordable housing for locals.

NZF says it is calling in property loans

<i>Brent Sheather</i>: Pay your money and take your choice

Housing market has bank looking on gloomy side

<i>Brian Fallow</i>: Bollard changes his tune as growth prospects dim

OCR stays at 3pc, future hikes 'more moderate'

A weakening recovery and the Christchurch earthquake have prompted the Reserve Bank to leave official interest rates on hold this morning at 3 per cent.

Kiwis spending $45 less every week - economist

The average NZer is spending $45 less a week than before the recession in a bid to wipe out debt and inject equity into their homes.

Judge dismisses credibility of Super City candidate

A right-wing Super City candidate must pay a finance company more than $70,000 after a judge ruled that she misled it by not revealing a debt.

<i>Mary Holm</i>: When partners spend too much

Union criticises return of 'risky lending'

ASB to offer controversial reverse mortgages

ASB has announced it will be the first major NZ bank to offer asset rich but cash poor customers reverse equity mortgages.

<i>Kevin Atkinson:</i> Home truths forcing everybody to adjust

Credit crunch has changed the landscape for residential building, writes Kevin Atkinson

Equities fall after record drop in US home sales

Equities on Wall Street and across Europe fell after a US home sales fell a record 27 per cent in July.

House price fall of 4.1pc predicted in new report

A report prepared by business researcher Infometrics is predicting house prices will fall 4.1 per cent by next June.

NAB reaps benefit of customer support