Home Loans

Australian vs New Zealand mortgage rates

Canstar reveals the mortgage-rate differences between New Zealand and Australia. Mortgage rates in Australia Here is an overview of the current average, minimum and maximum rates for owner-occupier home loans on our Australian database: Owner-Occupier Mortgage Rates Floating 1-Year Fixed 2-Year …

First Home Buyers - June 24th

Pre-purchase building inspection: do you need one?

What is a pre-purchase building inspection? A pre-purchase building inspection, or property inspection, is an inspection of a property that is undertaken prior to its purchase. The aim of the inspection is to identify any potential …

First Home Buyers - June 24th

How much deposit do you need to buy a house in NZ?

Saving a deposit to buy a home can be a huge ask for aspiring home owners. But what size deposit do you need to save? Canstar explores how much you need to save to buy …

Home Loans - June 23rd

Low deposit home loan: what are low equity premiums?

At the end of last year, the Reserve Bank of New Zealand eased the LVR settings, making it easier to secure a low deposit loan. However, if you've only got a small deposit, it's likely …

Banking & Insurance - June 22nd

How much do I need to earn to avoid mortgage stress?

Mortgage stress is defined as having to spend over a third (33%) of pre-tax household income on mortgage repayments. This means that high-income households can meet the definition of being in mortgage stress, even though …

Home Loans - June 21st

Can you use KiwiSaver to buy a house in Australia?

Can you use your KiwiSaver to buy a house in Australia? The short answer is yes. But you will be restricted to a maximum of A$15,000. It's pretty straightforward to transfer your KiwiSaver to a compatible …

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 …

Home Loans - June 21st

House rental prices New Zealand

Finding a home to rent can be tough, and expensive. Competition can be fierce and the best homes get snapped up quickly. And if you're not familiar with a certain area, or if you're working …

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 …

Home Loans - June 18th

Can you buy a house with no deposit?

Can you get a home loan with no deposit? The good news is, yes, you probably can. However, for a lender to give you a mortgage with no deposit, you'll need somebody with pockets as …