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mortgages

Otago fund manager touchy about redemptions report

Reserve Bank warns of mortgage stress

The warning contrasts with many housing commentators highlighting the opposite scenario.

Kiwibank cuts fixed home loan rates

Kiwibank has joined ASB and ANZ National Bank in cutting its fixed-term home loan rates with immediate effect. 

Economist warns fixed mortgage rates could rise quickly

A leading bank economist is warning home buyers that current below-average fixed term mortgage rates could start rising "quite rapidly".

Reserve Bank muscles up: Why the old-fashioned savers will win

Mortgagors ordered not to sell fixtures on TradeMe

A Whangarei couple has been ordered by the High Court to desist from advertising for sale a kitchen in a property where the mortgagee has taken possession.

There have been more instances over the past couple of years of property owners selling chattels and fixtures in buildings to frustrate mortgagees and potential buyers.

In this case, Mortgage Holding Trust obtained an interim injunction restraining Matthew and Kim Roscoe from selling the kitchen.