Patten takes down broking shingle after 16 years
Veteran mortgage adviser Bruce Patten has hung up his shingle as a broker and moved into a new role at the NZ Financial Services Group.
Bank profits under pressure - KPMG
The era of record setting profits for New Zealand banks looks to be over with a new report revealing they saw a significant decline in the last quarter.
Owner occupiers better protected now: RBNZ (+ Report)
New owner-occupier mortgage holders have become less vulnerable to a housing market bust, higher interest rates or income loss since the Reserve Bank introduced the LVRs.
Loan Market settles record amount
Loan Market has settled a record amount of home loans in the past financial year and, this week, opened a new head office in Auckland.
ASB predicts “mild” OCR increase
Lender ASB believes there will be a “mild” tightening cycle at the Reserve Bank, with floating and fixed rate mortgages expected to remain stable until the end of next year.
Loan Market numbers revealed; New Jobs section now live; AIA finally gets hold of Sovereign
This week we can reveal how many mortgages Loan Market settled in the recently completed financial year. It's an impressive increase on the year before and helps show how important the mortgage adviser channel is for New Zealanders
Patten on his new role with NZFSG; Co-op rate change
Veteran mortgage adviser Bruce Patten has hung up his shingle as a broker and moved into a new role at the NZ Financial Services Group. [Read on]
KPMG has put out its latest survey of banks. It says the era of record profit making is over. [READ ON]
We have one rate change from The Co-operative Bank which brings it into line with competitors. [See Here]