Feature article
6 in 10 first home buyers are cracking the market with a low deposit
20% deposit standing between you and your first home? The latest market insights might make your day.
AI summary
Struggling with a 20% deposit? New data shows nearly 6 in 10 first home buyers are entering the market with less, thanks to bank allowances under Loan-to-Value Ratio (LVR) rules.
First home buyers maintain a strong 26% market share. Other key trends show relocating owner-occupiers ('movers') making a comeback and more borrowers locking in longer-term fixed mortgage rates to protect against potential future rate rises, making it a dynamic time for buyers.
The secret weapon: Low deposit lending
Movers are making a comeback
Locking it in for longer
Author
Discover More
They’ve spent more than 40 years making memories at this classic Kiwi bach. Now it’s time to let go
A much-loved 1950s bach on the Wairarapa coast is on the market after 40 years of memories.
Five million views later, the Kiwi Earthship that stunned Grand Designs is up for sale
The Coromandel’s famous Earthship, featured on Grand Designs NZ, is on the market for the first time.
Search
Other articles you might like
