Bruce Patten
Banks ask borrowers increasingly tough questions
The largest mortgage broking business in the country says banks are asking borrowers tougher questions, requiring much more detailed information and in some cases, refusing loans because borrowers'… Audio
Mortgage advisors expecting govt to announce repayments freeze
Mortgage brokers and advisors are expecting the Government to announce a freeze on mortgage repayments soon.
A rent increase freeze was already announced yesterday to give renters some securtity.
… Audio
Why you shouldn't get too excited about falling house prices
House prices are dropping, but they're still a long way off from being affordable. Audio
Why you shouldn't get too excited about falling house prices
House prices are dropping, but they're still a long way off from being affordable.
AudioAuckland house prices down - experts discuss QV results
On Auckland's falling house prices: the latest Quotable Value figures show prices in June were down 2.7 percent on June last year.
The biggest drop was on the North Shore where prices fell 3.9… Audio
Insurer quitting Wellington may hit mortgages - Patten
The biggest player in the insurance market, IAG, is no longer insuring houses for new customers in Wellington. It's already been revealed IAG is no longer offering contents insurance to renters. Now… Audio
Auckland property market expected to stay flat
An Auckland mortgage adviser expects the city's property market to stay flat for a "good couple of years". The latest QV house price index shows that, in the year to January, Auckland prices declined… Audio
Timeframe around removing LVR's announced today
Bruce Patten joins us to discuss. He says he thinks it is probably too early to ease... He says the market is flatter but it's still tough for first home buyers. Audio
National's first home-buyer boost only 'a good start'
The National Party is pledging to increase financial assistance to people buying their first house. It says it will double the HomeStart grant to $20,000. But mortgage broker Bruce Patten of Loan… Audio
New data shows investors shying away from property market
The investment property market appears to be cooling with Reserve Bank figures showing investment figures have eased off compared with a year ago. The figures show new measures designed to halt… Audio
Mortgages set to continue to rise
Expect interest rates to go up by at least half a percent by next year and continue rising says LoanMarket Director Bruce Batton. Audio
Mortgages set to continue to rise
Expect interest rates to go up by at least half a percent by next year and continue rising says LoanMarket Director Bruce Batton. Audio
Cautious banks blamed for a lack of affordable apartments
35 apartment projects in Auckland have reportedly been axed in the past year alone, and the finger of blame is being levelled at cautious banks. Audio
Broker says banks should ease up on apartment-lending rules
As the average price of property in Auckland tops the one million dollar mark, can more buyers turn to apartments? Audio
Other NZ banks poised to tighten lending restrictions
Other New Zealand banks could be about to tighten up their lending rules for foreign buyers Audio
Economist says income gap for mortgages has some merit
Financial experts are divided over the Reserve Bank's suggestion that it might introduce debt-to-income ratio restrictions. Audio
RBNZ looks for Govt help with new house price curbs
Three years after introducing loan to value ratio restrictions, the Reserve Bank is looking around for further measures to control Auckland's overheated housing market. Audio
Westpac warns NZ is at risk of a debt-fuelled splurge
An Auckland mortgage broker can sense deja vu as New Zealanders get themselves further into debt. Audio
Rate cut unlikely to see lown-term lending rates change much
Lending banks were quick to pass on the RBNZ's rate cut to borrowers, with floating rates being reduced by the full amount and 12 month fixed rates by a smaller margin. Audio
Auckland's housing market starting to splutter
Auckland's property market is showing early signs of spluttering, with two thirds of properties failing to sell at auction. Audio
