Nearly one in five Auckland first-home buyers now spends more than six years saving for a deposit, delaying the home ownership dream while prices rise.

Mortgage payments for Auckland's most affordable homes are costing first-time buyers nearly half their take-home pay each week, a new report shows.

My bank has been harassing me to refix my mortgage. I've been getting reminders for a month and there is still another month to go before my current contract ends.

Shopping around for a mortgage could save New Zealanders up to $28,500 over the lifetime of a loan, according to a new survey of home lending.

Fewer Kiwi homeowners are being forced to sell their houses as the economy grows.

Mortgage lenders have noticed an upswing in the number of people withdrawing money from KiwiSaver for a first home.

Like any successful politician, Prime Minister John Key knows a week is a long time in politics, writes Bernard Hickey.

Auckland homeowners are finding themselves unable to sell, because they can't find another place to buy due to a listings drought.

First-home buyers struggling to get on the property ladder are turning to new builds, which fall outside the high loan-to-value-ratio restrictions.

Banks are tipped to drop interest rates to new lows as competition to attract house hunters and homeowners escalates into an all-out mortgage war.

The Reserve Bank's indication that its next interest rate move could be down is expected to reinforce a decline in fixed mortgage rates.

More interest rates have been cut following a week of competition by the country's biggest banks to attract house hunters and mortgage holders.

Three more banks have cut interest rates in a fight to attract customers. But are some customers being unfairly stung by refinancing fees?

It's probably your biggest bill but too few people realise how much money they could save if they put some thought into managing their mortgage.

Banks have started cutting interest rates as the busy house-hunting season heats up. So how will it affect would-be home-buyers?

A life-time of renting is becoming a reality for many New Zealanders, a survey shows, as the need for large deposits and big mortgages block their way to home ownership.

New residential mortgage lending hit $4.9 billion last month, its highest level since last March and a 7.2 per cent increase on October last year, according to the Reserve Bank.

Thousands of homeowners are paying higher interest rates on their mortgages than they need to - but many may not realise it.

Mike Pero has successfully stopped a major law firm acting in a court case brought against him by the mortgage business.

Getting a mortgage is much harder than it was before the global financial crisis. No longer will banks lend willy-nilly.

Banks are offering cash, TVs and furniture vouchers to entice customers into taking out home loans - but experts warn consumers not to be taken in.

Christchurch businessman Mike Pero is facing High Court action from the mortgage broking company he set up more than two decades ago and which still bears his name.

Auckland has the nation's highest rate of homeowners still paying off their mortgages and the lowest proportion who own their home mortgage-free.

An entire industry has grown around handing low-income earners a lifeline to the material rewards of middle-class life, but it comes at a hidden price.

Auckland Council will tomorrow release new valuations for more than 220 suburbs across the region for three-yearly review of CVs.

Canadian migrant Genevieve Westcott remembers the 20.5 per cent mortgage rates of the 1980s.

New Zealanders are paying some of the highest interest rates in the OECD, our house buyers saddled with the punitive prices due to the regime attempting to stop runaway inflation.