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Apartment developer declares insolvency owing $3.76m
Unexpected cost rises, Covid delays, cooling market blamed for development failure.
Latest from Interest rates
Stories and analysis from The Northern Express Herald.
Major bank cuts key home loan rate
One of New Zealand's major banks has moved early to cut home loan rates.
Nadine Higgins: Financial lessons I learned from a reno
OPINION: There are things you just don't know about until after.
Popularity of short term mortgage borrowing surges – at a cost
Nearly 90% of new mortgage lending in October was floating or fixed for a year or less.
ASB cuts fixed mortgage rates, term deposits
ASB has cut lending interest rates by between 10 and 20 basis points.
Editorial: Cash rate cut signals tough times still ahead
OPINION: More competition from the banks is needed to give real relief to borrowers.
Reserve Bank governor's warning to homeowners after OCR cut
Borrowers told to curb some of their enthusiasm.
‘Relief heading into Christmas’: How banks reacted to the OCR cut
New Zealand's major banks moved swiftly to cut home loan rates after the OCR announcement.
NZ Herald Live: Christopher Luxon and Nicola Willis speak on OCR news
Christopher Luxon and Nicola Willis speak to media on the OCR news
Nadine Higgins: How to navigate the low equity minefield in NZ home loans
OPINION: Low-deposit borrowers face higher rates as banks reflect greater lending risks.
More interest rate relief coming ... but how much and where to next?
The Reserve Bank will this week deliver a new set of forecasts for where rates are headed.
Diana Clement: Mortgage rates are falling ... but should you lower your repayments?
OPINION: Don't go rushing into grabbing those lower interest rates just yet.
Darcy Ungaro: How long should you fix your mortgage?
OPINION: Darcy Ungaro’s easy guide to reading the signs of the economy.
'Double whammy': OCR cut delivers mortgage relief but potential job losses dampen mood
Interest rates are now expected to drop steeply into the new year.
Mary Holm: How to split your mortgage when refixing
OPINION: With interest rates on the way down, what should you do?
Darcy Ungaro: Is this the right time to buy a house?
OPINION: Renting looks a better deal than buying for now – but not for long.
Rate cut sparks biggest rally in NZ shares in two years
OPINION: Federal Reserve expected to cut rates, potentially boosting market performance.
Opinion: There's more to solving the housing crisis than upping supply
OPINION: A closer look at the web of factors that influence house prices and rents.
Are central banks good doctors? Comparing RBNZ and US inflation strategies
OPINION: How the RBNZ's cautious monetary policies have over-treated the NZ economy.
Why NZ home mortgage rates are on their way down
NZ two-year swap rates have fallen sharply over the last month.
Are you missing out on secret special interest rates?
Big discounts available to those who know how to get them, brokers say.
Blow for homeowners: Interest rates set to stay higher for longer
Hopes of rates falling have been sucker-punched by moves in the wholesale market.
Why mortgage rates could soon be heading down
But it's likely borrowers will have to wait until next year to see some relief.
Mortgage pain: Why interest rates are still rising
Bond yields are at the highest point in several years on growing inflation fears.
‘Be careful what you wish for’ as property market thaws out - economists
New mortgage lending up 7 per cent between August 2022 and August 2023.
Cooking the Books: What to do if you’re feeling the mortgage pain
When interest rates are so high, there are tactics to make the mortgage pain more bearable
Expensive mistakes to avoid when refixing your mortgage
Could end up costing you thousands of unnecessary dollars every year.
Negative equity and rising mortgage rates: Should we be worried?
Financial experts issue advice as homeowners face tough times.
Home buyers potentially paying $500 more per week in interest repayments
Rising interest rates could add $26,000 per year to the typical Auckland home loan.