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Building consents edge up slightly after slump

New Zealand's residential property sector remained subdued last month with permits for new construction edging up from a slump in May, while commercial property extended its decline.

Fri, 30 Jul 2010 11:52:45 GMT

New Zealand's residential property sector remained subdued last month with permits for new construction edging up from a slump in May, while commercial property extended its decline. ...MORE»

Tauranga: Investing in sunshine

Fri, 30 Jul 2010 11:12:50 GMT

Traditionally touted for its relating lifestyle, Tauranga City offers more than the sun and surf to active investors, writes Adrienne Jervis. MORE»

OCR increases but more moderate pace to come

Thu, 29 Jul 2010 14:30:48 GMT

Reserve Bank Governor Alan Bollard raised the Official Cash Rate (OCR) a quarter point to 3%, while predicting a less aggressive path for further increases - good news for floating mortgage rates. MORE»

House prices to fall, rents to rise

Wed, 28 Jul 2010 00:00:00 GMT

House prices look set to continue falling, with Westpac predicting they could fall around 4.7%, while rents look set to rise.

MORE »

House prices likely to stay flat

Tue, 27 Jul 2010 00:00:00 GMT

While house prices increased in June from a month earlier, the general trend over the past three months has been flat at best, according to ANZ.

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Greens want new standards for rental properties

Sat, 24 Jul 2010 00:00:00 GMT

The Green Party is looking to impose more costs on landlords by having minimum standards for insulation and heating in rental properties.

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IRD's property focus getting sharper

Fri, 23 Jul 2010 13:01:10 GMT

The Inland Revenue Department's focus on the property market has not let up due to the recession.

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RTA amendments finally passed

Thu, 22 Jul 2010 16:41:09 GMT

The Residential Tenancies Amendment Act was passed by Parliament yesterday, with no last-minute changes to what was previously on the table.

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SFO starts new Blue Chip probe

Thu, 22 Jul 2010 16:34:51 GMT

The Serious Fraud Office is to investigate allegations against an employee of the failed property investment group, Blue Chip, for alleged misinformation to investors and altering loan documents to induce financiers to lend.

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Canterbury investment properties hard to move

Mon, 19 Jul 2010 00:00:00 GMT

Only a third of a portfolio of 20 investment properties put up for sale in Christchurch have been sold, reflecting the difficult market conditions.

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Flattening yield curve

The above graph shows the journey in which the home loan interest rates have taken over the past couple of years compared with the five-year median.

With the considerable cuts to long-term fixed rates this month and the increases we saw to floating rates in June this year, the yield curve is starting to show signs of flattening out.

 

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Disclaimer: Every possible effort has been made to keep the information in the rates tables as accurate as possible, however, neither the publishers of Mortgage Rates nor anyone engaged to compile these tables accept any liability for inaccuracies or any loss suffered as a result. It is strongly advised that readers check loan details directly with the provider concerned.

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