First Home Buyers - June 21st Is it cheaper to buy or build a house in NZ To buy or to build – it's a simple question, for sure. But, unfortunately, the answer is a little more complicated. So Canstar decided to delve a little deeper into the question and crunch the …
First Home Buyers - June 20th Lowest construction loan interest rate deals Whether detached homes in greenfield subdivisions on the edge of town, or medium-density houses bunched on urban sections, new houses are popular choices for home buyers. However, if you're financing a new build, you need a …
Finance News - April 9th Mortgage Cashbacks: What’s On Offer? Canstar explores the current mortgage cashbacks on offer from the banks, and checks to see how the deals stack up. Mortgage Cashbacks While some banks make a big show of their first home buyer deals, it's worth …
Banking & Insurance - August 27th The BNZ Rated No.1 by Kiwis for Home Loans Congratulations to the BNZ, rated the best bank for home loans by Kiwi mortgage holders in Canstar's latest award survey. Most of Canstar's banking awards are based on research undertaken by our dedicated team of number …
First Home Buyers - July 22nd The Co-operative Bank: the Best Lender for First Home Buyers Over the past 18 months, the stars have finally aligned for first home buyers (FHBs). Thanks to falling interest rates and lower house prices, purchasing a first property has become more attainable for many Kiwis. However, …
First Home Buyers - July 18th What does ‘subject to finance’ mean when buying a home? When buying a home, it's always a good idea to get your finances in place before you buy. Not only will it give you a clear idea of your price range, it will give you …
First Home Buyers - May 29th What if I change my mind about buying a house? Buying a house is a serious decision, and once you sign a sales agreement, your purchase becomes legally binding. So if change your mind and try to pull out of the deal, you can expect …
First Home Buyers - April 10th How Does the OCR Affect Mortgage Rates? KEY POINTS: The RBNZ's Monetary Policy Committee meets seven times annually. At these meetings, the committee sets the OCR as part of the bank's job to keep inflation in check. The OCR is the rate …
First Home Buyers - April 3rd What is Lenders’ Mortgage Insurance and How Does it Work? Over the past two years, as house prices have cooled, the number of first home buyers (FHBs) entering the market has increased considerably. According to RBNZ mortgage figures, there were 28,774 new mortgages issued to …
First Home Buyers - April 1st How Much Can I Borrow to Buy a House? KEY POINTS: The size of your deposit and your income are key factors in determining how much you can borrow to buy a house. Personal expenditure, your saving history and debt levels are important, too. …
