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House Building

• Developer plans to build 6000 homes
  Housing investor and developer Todd Property Group will build up to 6000 new residences in the next few years but has scaled back a former developer's plans at a $2 billion East Auckland estate.Todd, building the equivalent of just... […]
• Three firm syndicate gets go ahead to develop state housing land
  Murdoch Dryden, who turned a derelict Glen Innes factory into a thriving home for 16 businesses, will head a syndicate charged with intensive redevelopment of statehousing land in the north of the Auckland suburb.Housing New Zealand... […]

Mortgages

• Three major banks cut mortgage rates
  Westpac has moved to cut some of its advertised fixed-term mortgage interest rates, on the heels of cuts by Kiwibank earlier in the day, matching the state owned bank's new market low offers over two and three years. And late in the... […]
• Mortgage war gives borrowers an edge
  Existing and would-be home owners are being encouraged to "shop around" as banks slash mortgage rates.ASB last night became the latest bank to reduce its 12-month fixed home loan rate, down from 5.7 per cent to match Westpac and... […]
• Big banks keep cutting interest rates
  Rate cutting by banks has continued over the weekend morning with both ASB and Westpac reducing selected interest rates, and this morning BNZ cut a key mortgage rate. Home loan rates Westpac has followed ANZ-National and cut its... […]
• Housing boom cuts mortgagee sales
  The number of mortgagee listings has been falling nationally since the recession, and Auckland is leading the charge.Property and finance experts attribute the drop to the strong Auckland housing market, in which homes are in hot... […]
• Bernard Hickey: How to lower your mortgage
  Put down your coffee and croissant and pick up a pen. Now, put a note in your diary to ring your banker tomorrow to ask for a better deal on your mortgage. Seriously.Banks are desperate to keep your business and are frantically... […]
• Deutsche Bank to pay $202m in mortgage fraud case
  Deutsche Bank agreed to pay US$202 million to settle civil fraud charges brought by the federal government over the practices of a subsidiary it acquired five years ago, authorities announced today.A federal judge in Manhattan approved... […]