One side effect of the housing boom has been that New Zealanders borrowed an estimated $3 billion against the increasing value of their homes in the year ended March, according to Westpac Bank economists.

While there is increasing evidence that Australia’s banks are clamping down on the commissions they pay mortgage brokers, there aren’t any signs of this in New Zealand, although all the major banks here are now Australian owned.

House prices continue to rise, but the pace of growth is slowing, according to the latest Quotable Value figures.

If the housing market was a person, it might want to borrow Mark Twain’s famous quote: the reports of my demise are greatly exaggerated.

Dorchester Pacific founder Brent King has sold 15% of his company to Rod Petricevic's Bridgecorp.

BNZ says its survey of customers has nothing to do with Superbank launhing a new home loan which rewards customers for sticking with them.

It seems at least one of the major banks is taking more than a little notice of the newest player to enter the crowded mortgage market Superbank.

Australia’s Mortgage Choice made a subdued debut on the Australian Stock Exchange on Tuesday, the shares initially trading at the A$1.05 issue price and spending the rest of the day between there and A$1.02 where it ended.

Reserve Bank governor Alan Bollard may be heartened by ASB Bank’s latest survey findings that expectations of house price increases are rapidly diminishing.

The New Zealand Mortgage Brokers’ Association’s first chief executive Megan Salt says she won’t be approaching her new job with all guns blazing, but that it won’t be completely new territory for her.

The New Zealand Mortgage Brokers’ Association has appointed Megan Salt as its first full-time chief executive.

Against all expectations, housing consents in June leapt to their highest level for any month in 30 years

Reserve Bank governor Alan Bollard is promising more increases to come.

Once again, economists are unanimous in their expectation that the Reserve Bank will hike interest rates for a fourth time this year when it reviews the Official Cash Rate (OCR) on Thursday.

The latest house sales figures appear to confirm a modest slowdown is underway with both the national median house price and the number of homes sold falling in June and the number of days it takes to sell a house continuing to creep up.

Superbank launches its home loan product which will reward customers for loyalty by reducing the rate each year.