News | Politics
11 Jul 2025 21:18
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Politics

    First home buyers could be at the greatest risk, should interest rates rise

    First home buyers could be at the greatest risk, should interest rates rise


    CoreLogic research shows more first home buyers are snapping up properties, because investors had been buying fewer houses recently.

    But it's warned new buyers would likely feel the greatest pain, should economists' predictions that the Reserve Bank will raise the cost of borrowing, because of creeping inflation.

    ASB, ANZ, BNZ and Westpac have already responded to the spike in inflation, by increasing their home loan rates last week.

    CoreLogic Chief Property Economist Kelvin Davidson says the rates increases may come as a shock.

    He says it doesn't take much of a change in interest rates to have a big impact.

    © 2025 Newstalk ZB, NZCity

     Other Politics News
     11 Jul: A limited number of New World club card accounts have been the target of a cyber attack
     11 Jul: Bangladesh's ousted PM Sheikh Hasina indicted on charges of crimes against humanity
     11 Jul: NZ’s new AI strategy is long on ‘economic opportunity’ but short on managing ethical and social risk
     11 Jul: The Greens won't be contesting the upcoming byelection in the Maori seat of Tamaki Makaurau
     11 Jul: Multiple sectors are working together to shut financial scams down in real time
     10 Jul: The Government's reluctant to give work opportunities to beneficiaries, outside of emergencies
     10 Jul: Malaysian prime minister Anwar Ibrahim warns Donald Trump's tariff war is here to stay
     Top Stories

    RUGBY RUGBY
    A simple game plan for the All Blacks in tomorrow's second test against France More...


    BUSINESS BUSINESS
    A limited number of New World club card accounts have been the target of a cyber attack More...



     Today's News

    Motorsports:
    Brodie Kostecki has won the opening race of the latest Supercars event in Townsville from pole position 21:17

    International:
    Donald Trump says US will impose 35pc tariff on Canadian goods 21:07

    Entertainment:
    The Mavericks frontman Raul Malo fears he could be deported from the US despite being born in Florida 21:00

    Entertainment:
    Lena Dunham enjoyed a creative reawakening after moving to London 20:30

    Entertainment:
    Jesse Tyler Ferguson received criticism from the gay community for his role on Modern Family 20:00

    Entertainment:
    Kesha has cancelled a concert in Dallas, Texas after the state was devastated by flash floods 19:30

    Golf:
    Dame Lydia Ko is enjoying having some Kiwi company on the LPGA Tour 19:07

    Entertainment:
    Yungblud gifted a custom cross to Ozzy Osbourne before Black Sabbath's farewell concert 19:00

    Business:
    A limited number of New World club card accounts have been the target of a cyber attack 18:57

    Rugby:
    A simple game plan for the All Blacks in tomorrow's second test against France 18:37


     News Search






    Power Search


    © 2025 New Zealand City Ltd