Personal Finance
Median weekly mortgages on the rise
The median weekly mortgage payment rose by $72 in the June year from the previous 12 months, new figures show.
ANZ tightens lending criteria
By PAM GRAHAM
ANZ National, the largest bank in New Zealand, is requiring people buying a house to have a 20 percent deposit.
Walter Peak project for sale
By LIZ MCDONALD - The Press
A former Queenstown property developer who has been selling off sites has put up another 'for sale' sign – this time at his luxury lodge and subdivision development at Walter Peak.
Broker: Still hope for first homebuyers
There are still plenty of options for people to achieve their home ownership dreams even as banks tighten lending criteria, according to a mortgage broker.
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GETTING TOUGHER: Couples will find their first home harder to buy as banks increase their minimum deposit rates, budget advisers say.
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