PSIS is about to introduce fixed rate home loans to its existing floating rate product and will allow people to mix fixed and floating rates on individual loans, says chief executive John Price.

Anyone trying to use the internet to narrow the search for a residential property without having to go to endless numbers of "open homes" will quickly find a proliferation of New Zealand sites.

People’s confidence about the housing market surged in the three months ended April, partly fuelled by declining interest rates, according to the ASB Bank’s latest survey.

Don’t hold your breath about getting a bargain home loan from The Warehouse in the near future

Capped rate loans about to come into vogue.

The Real Estate Institute says the April housing sales figures show falling mortgage interest rates are helping to stimulate the housing market.

The housing market may have bottomed out, the Reserve Bank predicts.

Reserve Bank governor Don Brash confirmed most economists’ expectations by cutting the official cash rate by 25 basis points to 5.75% this morning in his third such move this year.

Economists are expecting Reserve Bank governor Don Brash to cut the official cash rate again by at least 25 basis points on Wednesday when he releases the central bank’s latest monetary policy statement.

Housing sales activity remains subdued. A Massey University survey compares the afforability of home ownership in the different regions.

While home affordability in New Zealand improved in the March quarter for the second successive quarter, buying a home remains distinctly less affordable than it was a year ago.

Rebel non-lawyer conveyancer Lester Dempster has complained to the Commerce Commission that most of New Zealand’s trading banks are refusing to deal with him.

KPMG examines three high profile stand-alone internet or direct banking operations and gives a report on their success (or otherwise).

KPMG examines the three high profile players active in New Zealand in 2000 as stand-alone internet or direct banking operations, for all of whom home loans are the staple diet, and finds none are yet profitable.

KPMG says mortgage lending is arguably the most competitive part of the financial services industry in New Zealand.

The National Bank is calling for the Reserve Bank to cut interest rates further in the wake of its latest monthly survey which shows business confidence halved from March.