ANZ eases servicing test

ANZ has become the latest bank to ease its servicing test criteria for borrowers, reflecting the lower interest rate environment.

Non-banks get Covid boost

Non-bank lenders have reported a flood of new customers turned away by the banks in the wake of the Covid-19 pandemic, as traditional lenders stick to conservative credit limits.

Avanti launches near-prime home loans

Non-bank lender Avanti Finance has launched a near-prime home loan as it seeks to attract new customers with stronger credit profiles.

Mortgage holidays set for extension

Minister of Finance Grant Robertson says the Reserve Bank could extend mortgage holidays for struggling borrowers. 

Today's Rate Changes
  • ANZ eases servicing test; Surge in new listings

    ANZ has become the latest bank to ease its servicing test criteria for borrowers, reflecting the lower interest rate environment: [READ ON]

    There was an influx of new listings on to the housing market in July but it is making little impact on the shortage of housing stock around New Zealand: [READ ON]

     


Property News

Auckland sees highest sales since 2015

Auckland sees highest sales since 2015

The SuperCity turned in its strongest housing sales performance in a July for five years last month, new data from Auckland’s biggest real estate agency reveals.

ANZ eases servicing test

ANZ eases servicing test

ANZ has become the latest bank to ease its servicing test criteria for borrowers, reflecting the lower interest rate environment.

Prices not impacted by new listings surge

Prices not impacted by new listings surge

There was an influx of new listings on to the housing market in July but it is making little impact on the shortage of housing stock around New Zealand.