Non-bank lender RESIMAC’s general manager says as the main banks restrict lending, opportunities abound for advisers as borrowers look for loan solutions outside the box.
New Zealand’s economic growth was stronger than economists forecast last quarter as construction boomed and a rising population increased demand for health-care services
A fourth major bank has announced lending criteria changes for overseas income and non-resident borrowers.
Another major bank has followed Westpac and ANZ in tightening its lending criteria to overseas borrowers and also made a rate cut to its three-year special.
Two major banks have announced an increase in their lending restrictions to foreign buyers.
New Zealand’s dollar surged to the highest level in a year as the prospect of continued central bank inaction at home and in the U.S. burnished the smaller nation’s interest-rate premium.
A new report from Colliers International says the popular South Island town has some strong trends in the medium term but warns of affordability issues
The national median house price has hit a new high along with four regions, the latest REINZ data reveals
The Ministry of Business Innovation and Employment’s new housing affordability measure is under fire from Labour which says the index is flawed