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Press Release – Finder News highlights: Majority of experts say 40% deposit rule is adequate for investors Property prices expected to jump by 11% in Wellington, 10% in Auckland in 2021 All experts and economists surveyed expect the OCR to hold at 0.25% in February Experts … News highlights: Property prices expected to jump by 11% in Wellington, 10% in Auckland in 2021 All experts and economists surveyed expect the OCR to hold at 0.25% in February Experts and economists are in favour of stricter loan-to-value ratio (LVR) requirements for property investors, with the Reserve Bank set to c...

Property prices expected to jump by 11% in Wellington, 10% in Auckland in 2021 All experts and economists surveyed expect the OCR to hold at 0.25% in February Experts and economists are in favour of stricter loan-to-value ratio (LVR) requirements for property investors, with the Reserve Bank set to crack down on investor lending from 1 May. In this month’s Finder RBNZ Official Cash Rate Survey, 13 experts and economists weighed in on future official cash rate (OCR) moves and other issues relating to the state of New Zealand’s economy. The majority of experts (69%, 9) agree with the Reserv...

A financial expert says interest rates will rise, but not as quickly as some might hope

As the average house price in New Zealand continues to rise month-on-month, the government is being told it needs to take emergency action to mitigate the severe shortage of property.