Banks are reducing incentives for borrowers and making it harder to obtain loans. Incentives such as TVs, phones, and cash have been offered by banks to attract mortgage customers for years – but such incentives are thinning and the banks are imposing tough stress test...

Market observations

Recent market data indicates more subdued sales activity and less demand in many regions around the country, especially in Auckland where the market has fallen far from its high- point of recent years. Despite this, house prices just keep rising in m...

There are a number of factors that have recently converged to change the borrowing landscape, ultimately making it harder for people to obtain a mortgage. These changes make using a good mortgage broker more relevant than ever.

Here are some quick facts about the curren...