Kiwibank slashes rates
Kiwibank has cut pricing across its 1 to 5 year fixed rate home loans, effective from Monday.
LVR a “permanent tool”: RBNZ Governor
The Reserve Bank of New Zealand's new governor believes restrictions on loan to value ratios will be a “permanent tool” for the central bank.
Property investors “bounce back” in February: ANZ
Investors have crept back into the New Zealand market after a tough January, lender ANZ says.
Mortgage People founders launch online brokerage
The two industry veterans behind Mortgage People, Carey Brunel and Glenn Christie, have launched a new online mortgage adviser and price comparison site.
Core Finance relaxes lending criteria
Second mortgage specialist Core Finance has relaxed its lending criteria in response to a cooling Auckland property market.
RBNZ changes its mind on LVRs
This may come as a surprise to many of us, but the Reserve Bank is now saying LVR restrictions are permanent and not temporary. However, if there is a plus it's that since the slight LVR easing earlier this year investor lending has picked up.
Property investors returning; Degrees for mortgage brokers
It's interesting to see that property investors are getting more active in the lending market again. [READ ON]
Under proposed new adviser regulations mortgage brokers may need a degree. This story here about how useful a degree would be is worth a read.