
Pero stops firm from acting against him
Mike Pero has successfully stopped a major law firm acting in a court case brought against him by the mortgage business.
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.
An increasing number of Aucklanders are looking at getting 80 per cent-plus mortgages to build homes in the south and west.
Thousands of Kiwis desperate to get on the property ladder are signing up to 30-year mortgages - but many are saddling themselves with a lifetime of debt.
David Hamilton and his fiancee Lyna Pen are in their 20s but hope to be mortgage-free within 10 years.
Banks are handing out mortgages of as much as $10 million to the wealthy in record numbers while first-time homebuyers struggle to get loans.
House prices are up, home ownership is down. We all know the story, but what's really going on in real estate?
Reverse equity mortgages are increasingly tempting to retired Aucklanders who have houses soaring in value, but little cash.
A capital gains tax would reduce the price it is rational for an investor to pay for a property by as much as 23 per cent, Westpac economists say.
The first impression of the Labour Party's "monetary policy upgrade" is that it looks good, writes Brian Fallow, managing to look both conservative and progressive.
Homeowners are rushing to fix their mortgage interest rates after the second cash rate increase in as many months.
Homeowners are bracing for another rise in mortgage interest rates but experts say most are prepared with better spending habits and contingency plans.
Here are some reasons not to embrace the view of economic analyst Jesse Colombo that NZ is hurtling towards crisis.
Auckland's sizzling property market could bring New Zealand's economy crashing down, a global economic expert warns.
PM John Key knows homeowners in the electorally crucial mortgage belts of Auckland are nervous about rising mortgage rates, writes Bernard Hickey.
Homeowners could save more than $90,000 over the life of their mortgages by shopping around, according to an analysis of 95 floating home loans.
Should you fix your mortgage? This is an important question and if I knew the answer I would tell you, writes Damien Grant.
Homeowners are being warned to prepare for harder times as the days of low interest rates come to an end.
The impact of the Reserve Bank's curbs on mortgage lending at high loan-to-value ratios (LVRs) on the housing market has been pretty modest so far.