Home Loans - June 14th What is the average home loan in New Zealand? There's no disputing that the housing market has been in the doldrums over the past couple of years. REINZ's stats show that the country's median house price has remained pretty static since 2023. It's currently …
Banking & Insurance - June 14th How long should I fix my mortgage for? Last year, as people refixed their home loans, the number of borrowers opting for short-term mortgage terms peaked. Higher floating rates saw a surge in popularity, too, as property owners banked on reduced rates in …
Home Loans - June 10th How much to build a new house in NZ? How Much to Build a New House in NZ? In this article we cover: Median cost of buying an existing house in NZ Cost of building an average new home We're building more smaller homes …
Finance News - June 9th In which direction are mortgage interest rates headed? Between November 2021 and May 2023, the Reserve Bank (RBNZ) lifted the Official Cash Rate (OCR) from its all-time low of 0.25% to 5.50% – a level not seen since before the GFC, in 2008. As …
Home Loans - May 1st Does New Zealand have a capital gains tax? While New Zealand does not have a capital gains tax, it does have bright-line property tax rules, which can affect property speculators and mum-and-dad investors. What is the bright-line property tax? The bright-line rules were first introduced …
Home Loans - May 1st Am I too old for a home loan in New Zealand? KEY POINTS: The closer you get to retirement age, the more difficult it becomes to gain approval for a mortgage. As a mature person, to improve your chances of securing a mortgage, you'll need to …
Home Loans - April 22nd Best home loans: Canstar’s Home Loan Awards It's always imperative to compare home loan lenders and mortgage products. Whether you're a first home buyer, a property investor, or a homeowner looking to refinance, you can potentially save thousands of dollars in fees …
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 …
Home Loans - April 7th Mortgage broker vs bank: which option is better? In the home loan market, a mortgage broker essentially acts as an intermediary, connecting borrowers with home loan products from banks and lenders. But you do not need to use a mortgage broker. You are …
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 …
