
Multi-million-dollar mortgage fraud
An Auckland man has admitted his part in a mortgage fraud, pleading guilty to 16 charges of obtaining by deception.
An Auckland man has admitted his part in a mortgage fraud, pleading guilty to 16 charges of obtaining by deception.
New data shows nearly 90 per cent of all personal debt in New Zealand is tied up in property.
Financial adviser Hannah McQueen answered your money questions in a live chat.
Labour has renewed calls to ban foreigners buying New Zealand houses.
A lawyer says foreigners buy 29 per cent of New Zealand properties, not 3 per cent as reported in official state data.
The number of home loans and amount being borrowed has dipped ahead of further lending restrictions, but one mortgage broker says
Some customers of the BNZ have received incorrect messages from the bank telling them their accounts are thousands of dollars in the red.
The number of homeowners forced to sell because of debt has dropped 30 per cent in past year - which experts say is a sign of a more buoyant economy.
COMMENT: Getting rid of that big debt involves paying more, more often.
All four big banks are now applying new lending restrictions to home loans - six weeks ahead of the Reserve Bank's official September deadline.
Labour leader Andrew Little set out the affordable housing policy at a speech in New Lynn this afternoon.
Reserve Bank says Government should consider reviewing it immigration policy, as migrants were driving up housing demand.
A deep analysis of mortgage registrations has revealed which areas of NZ are the most and least leveraged, and which bank is winning the cut-throat mortgage war.
When the police raided the Auckland home of fraudster Eli Devoy, they found a "veritable Aladdin's cave of compromising material".
COMMENT: Insurance man confused at best, lying at worst -- KiwiSaver schemes equal on matter of tax credits.
Eli Devoy faces jail over fraudulent scheme involving 11 Auckland properties.
An interest-only mortgage allows the borrower to pay just the interest on their loan, but could there be some big hidden risks?
COMMENT: Increasing your mortgage for an overseas holiday might not have a sunny ending.
The Reserve Bank has left the OCR unchanged.
Savers look set to suffer more pain at the bank after the Reserve Bank made a surprise move and cut the official cash rate.
Home loan rates are pretty low at the moment but could you be getting an even better deal by being the ideal borrower?
WATCH THE ECONOMY HUB: Home owners could face higher mortgage payments if the Reserve Bank doesn't cut rates further this year.
Fewer homeowners lost their properties in mortgagee sales last year as near record-low interest rates make it easier for struggling property owners.
The husband of a woman allegedly at the heart of a $6 million mortgage fraud has been summoned as a prosecution witness in the case against her.
Banks reduce their three-year fixed rates - but there are strings attached.
SBS bank has dropped its ultra low 3.99 per cent one year fixed home loan rate pushing the cheapest rate borrowers can get back.
Deep Blue has conquered the world of chess - now it's about to revolutionise mortgage-approvals.
The value of home loan approvals hits new record.