Westpac has raised their LVR limit on Apartment Lending to 85% in the hope of attracting canny First Home Buyers. As always there’s some restrictions. • A minimum apartment value…
Westpac has raised their LVR limit on Apartment Lending to 85% in the hope of attracting canny First Home Buyers. As always there’s some restrictions. • A minimum apartment value…
The OCR got a 0.25% trim this morning to 3.25% in an attempt to give inflation, which is near enough at zero, a nudge along and to give the NZ$…
The government has introduced a capital gains tax on residential property holdings for buy and sells within 2 years. Exemptions mean owner occupied housing is unlikely to be affected but…
The policy changes, proposed to take effect from 1 October, will: Require residential property investors in the Auckland Council area using bank loans to have a deposit of at least…
No Change in the OCR this morning. Boring..? Well, be glad we aren't in Brazil. Their Central Bank lifted the Benchmark Rate by 0.50% to 13.25% yesterday.
BNZ has cut its 2 Year Fixed Rate to 5.15% (for a short time only) ASB has lowered their 3 and 5 year "special rates" for the under 80%'ers to…
The Official Cash Rate was held at 3.50% this morning. Future moves, either up or down, are data dependant according to todays statement. In other news SBS has announced a…
The Reserve Bank, in looking to have some control over the Auckland property market without using interest rates, is consulting with market participants on a definition of "Property Investor". Its…
Tonight a 5.75% 5 year fixed interest rate has appeared from ASB.
ANZ has lowered 1 and 2 year fixed interest rates to 5.39% for the under 80%'ers. The 3 year rate gets trimmed by 0.20% to 5.79%. They have also introduced…