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30 Sep 2024 19:18
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      Home > News > Business

    Fears about the number of homeowners who may soon be forced to sell up due to rising interest rates

    Fears about the number of homeowners who may soon be forced to sell up due to rising interest rates


    ANZ and Westpac have now followed ASB and Kiwibank in hiking interest rates, despite economists expecting no change to the Official Cash Rate next week.

    New Horizon research has found 70-percent of mortgage holders are concerned about not being able to afford repayments, .

    Property Investors Federation President Sue Harrison says the real number will probably be much higher.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     30 Sep: The Finance Minister says the Government is still committed to funding Dunedin's new hospital
     30 Sep: Fonterra is being sued - accused of greenwashing
     30 Sep: Optimism from struggling Canterbury milk processor - Synlait - despite an 182.1 million dollar loss
     30 Sep: Alliance Group is making moves to strengthen its balance sheet, after announcing the proposed closure of a historic freezing works on Friday
     30 Sep: Fonterra's released its latest revised strategy, that will see it focus on selling ingredients to businesses, rather than finished food products to consumers
     30 Sep: More details this morning, about the financial situation facing Synlait
     30 Sep: Salaries are only just outpacing the rate of inflation
     Top Stories

    RUGBY RUGBY
    NZ reclaims Guinness World Record for most people performing the haka More...

    BUSINESS BUSINESS
    The Finance Minister says the Government is still committed to funding Dunedin's new hospital More...


     Today's News

    		 International:
    Israel bombs Houthi targets in Yemen and presses on with strikes in Lebanon, with Joe Biden to tell Benjamin Netanyahu broader conflict 'has to be' avoided 19:07

     Business:
    The Finance Minister says the Government is still committed to funding Dunedin's new hospital 18:57

     Rugby:
    NZ reclaims Guinness World Record for most people performing the haka 18:47

     Law and Order:
    Police have charged a 23 year old inmate with murder - after a death at Mount Eden Prison on Friday 18:37

     Law and Order:
    Police have made three arrests, for three large fires in Hawkes Bay's Waipawa earlier this month 18:07

     Education:
    A survey lays bare parents' expectation of quality education for all children 17:27

     Accident and Emergency:
    Police say a body found in water near Raglan is likely missing 31 year old Luke Berwick  16:57

     Law and Order:
    People are being urged to come forward with information about an aggravated robbery in Whangarei 16:17

     International:
    UK's last coal-fired power plant officially closes as 'ambitious' energy transition takes hold 16:07

     Law and Order:
    Auckland Police have helped reunite a rider with their scooter, 10 years after it went missing in Whangarei 15:27

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