New Zealand finance minister, Grant Robertson, has agreed “in-principle” to add debt-to-income ratio (DTI) to the Reserve Bank’s toolkit to ensure financial stability and help control house prices to a sustainable level.
The government’s recent housing reforms (March 2021) regarding investment property tax rules are causing kiwi investors to think, “should I invest in new builds or existing properties in New Zealand?” Here are pros and cons o...
ASB has launched a new product called "Back My Build" with a cut-price 1.79% variable home loan rate for new builds, as the lender attempts to encourage the lending for building a new home from scratch or purchasing a home an...
Under New Zealand's new housing reforms in 2021, is it a good time to invest in property? Here we've put together the top reasons and benefits of investing in residential property in NZ.
On 10 May, ANZ, one of New Zealand's biggest banks, has announced they would decrease the percentage of rental income they take into consideration when assessing new home loan application from 75 per cent to 65 per cent effec...
Some of the major New Zealand banks have dropped interest rates on short-term loans. At the time of writing (03 May 2021), the lowest one-year rate is 2.25% among these major lenders.
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