Morningstar Research boss Graham Rich is filing for damages against the group’s US based majority shareholder, Morningstar Inc.

Seldom have the signs boded better for the Auckland housing market, according to Mortgagenet principal Kieran Trass.

The median house price bounced back strongly in October after September’s alarms, as did activity, although not quite back to August’s levels.

As expected, Reserve Bank governor Don Brash cut his official cash rate (OCR) half a percentage point, saying slowing global growth is already affecting the New Zealand economy and will continue to do so.

It's a reasonably safe bet the Reserve Bank will cut interest rates this week.

Queensland personal finance writer Anita Bell paid a flying visit to New Zealand this weekend to preach her money-saving message at Auckland’s Golden Age Expo, which was targeted at people about to retire.

Since the beginning of the year, mortgage rates have fallen considerably as the Reserve Bank lowered its official cash rate from 6.5% to 5.25% and is expected to cut it a further half a percentage point to 4.75% later this month.

National home affordability fell in the September quarter, thanks to rising house prices swamping the benefits of rising wages and falling mortgage interest rates.

The 11 September effect seems to have been at work on the latest residential building consent figures which dipped in September, as did sales of existing homes.

Yet again, Waltus Investments is trying to rescue its disastrous investment in Auckland's KPMG Centre.

New Zealanders borrowed an additional $240 million in mortgages in September, bringing the total owed on housing to $66.58 billion

Meet the inaugural Mortgage Broker of the Year.

Both the number of housing sales and the median house price dipped significantly in September but the Real Estate Institute believes this is temporary.

A major slump in expectations for the outlook of New Zealand’s major trading partners, coupled with benign domestic inflation figures, has convinced both economists and the market that the Reserve Bank will cut its official cash rate (OCR) by at least 25 basis points next month.

The inaugural Mortgage Broker of the Year, Wayne Oliver, is strongly in favour of his industry becoming regulated.