Mortgage brokers seeing fewer investors and first-home buyers

Mortgage brokers seeing fewer investors and first-home buyers
Loan Market mortgage broker Bruce Patten.
Jenny Ruth
Mortgage brokers say fewer property investors are in the market since the government announced its latest housing policies but they are also reporting first-home buyers are backing off too.Economist Tony Alexander's latest survey of 71 mortgage brokers found a net 3% said they are seeing more first-home buyers, down from 19% in February and 33% in January.Alexander said this can be called a trend now but "comments submitted by advisers indicate that a high degree of FOMO – fear of missing out – and angst still exists amongs...

More Property

NZ is off track on emissions targets: CCC
Property

NZ is off track on emissions targets: CCC

The Government will need new policies to cover the emissions target gap.

Greg Hurrell 25 Jul 2025
FMA warns lenders on mortgage fraud
Finance

FMA warns lenders on mortgage fraud

The FMA sees dangers for borrowers if lenders aren't vigilant.

Staff reporters 25 Jul 2025
The ‘tech bro’ approach to real estate
Property

The ‘tech bro’ approach to real estate

Tokenised property is coming, whether the regulators participate or not, experts say.

Maria Slade 25 Jul 2025
Du Val assets to remain frozen: Court
Property

Du Val assets to remain frozen: Court

The judge’s decision is heavily redacted, pending a suppression appeal by the Clarkes.

Maria Slade 22 Jul 2025