HSBC hasn't ruled out working with brokers

HSBC has returned to the mortgage advice space in Australia and hasn't ruled out a similar move in New Zealand.

Broker sentenced to jail

A former mortgage broker has been described by a judge as a thief who took from people who trusted him as a friend.

Non-banks winners as mainstream lenders tighten rules

Banks tightening and more strictly enforcing their lending criteria are driving borrowers to non-bank options.

Monthly payment option on reverse mortgages

Growing demand for reverse mortgage loans has prompted Heartland Bank to offer its customers a monthly advance payment option.
 

Today's Rate Changes
  • Have you got a question on the mortgage market?

    It remains very quiet on the interest rate changes front, but we are looking to make some noise tomorrow. TMM - The Mortgage Mag, is holding its annual Round Table event in Auckland tomorrow. Here we get a group of lenders and brokers together and discuss the issues facing the mortgage market. If you have a question you'd like us to explore please sent it to philip@tmmonline.nz