Mortgage holders big switch to new lenders tapers off
Just 22.3% of the $6.6 billion borrowed in new mortgages during February was for a change of loan provider – the lowest since January last year, the latest Reserve Bank figures show.
Just 22.3% of the $6.6 billion borrowed in new mortgages during February was for a change of loan provider – the lowest since January last year, the latest Reserve Bank figures show.
KiwiSaver had always been part of client conversations at Moneta. But as compliance expectations increased and clients began expecting faster, clearer, and more digital experiences, the team saw an opportunity to enhance the way they delivered KiwiSaver advice. MORE »
Further interest rate rises look likely over coming weeks, economist Tony Alexander says.
The Kiwi Adviser Network (KAN) has appointed Warwick Slow as its new chief executive.
Pivot will be the key word for the mortgage industry this year.
Baden Martin takes on General Manager role at non-bank lender.
REINZ welcomes regulation of methamphetamine contamination in rental housing.
As interest rates ease and job losses climb, New Zealand’s housing market faces a mixed year of modest growth, with conflicting forces shaping the outlook for homebuyers and investors.
Former Reserve Bank Governor and National Party leader Don Brash says there are grounds for believing that house prices may finally have ended the three-decade period when they rose significantly faster than incomes.
| Unity First Home Buyer special | 3.95 |
| SBS FirstHome Combo | 3.99 |
| ICBC | 4.49 |
| Co-operative Bank - First Home Special | 4.49 |
| SBS Bank Special | 4.49 |
| TSB Special | 4.49 |
| Unity Special | 4.49 |
| Kiwibank Special | 4.59 |
| Kainga Ora | 4.59 |
| AIA - Go Home Loans | 4.59 |
| Westpac Special | 4.59 |
| ICBC | 4.89 |
| Unity Special | 4.89 |
| Kiwibank Special | 4.89 |
| SBS Bank Special | 4.89 |
| BNZ - Std | 4.89 |
| China Construction Bank | 4.95 |
| Kainga Ora | 4.95 |
| Nelson Building Society | 5.09 |
| TSB Special | 5.09 |
| AIA - Go Home Loans | 5.09 |
| ANZ Special | 5.09 |
| Westpac Special | 5.59 |
| ICBC | 5.65 |
| TSB Special | 5.69 |
| SBS Bank Special | 5.69 |
| Kainga Ora | 5.69 |
| AIA - Go Home Loans | 5.69 |
| ASB Bank | 5.69 |
| BNZ - Std | 5.79 |
| Kiwibank Special | 5.89 |
| Co-operative Bank - Owner Occ | 5.89 |
| China Construction Bank | 5.99 |
| SBS FirstHome Combo | 3.29 |
| AIA - Back My Build | 3.34 |
| SBS Construction lending for FHB | 3.74 |
| CFML 321 Loans | 3.95 |
| Co-operative Bank - Standard | 4.99 |
| Co-operative Bank - Owner Occ | 4.99 |
| Heartland Bank - Online | 5.30 |
| ICBC | 5.39 |
| Kiwibank - Offset | 5.65 |
| Kiwibank | 5.75 |
| Unity Special | 5.79 |
Loan Market adviser Ryan Amoore has shifted to the corporate team as a Regional Manager.
Specialist lender Cressida Capital has appointed a new property finance analyst.
Jack Patel has taken on a new role as business development manager with a specialist non-bank lender.
Prime Minister Christopher Luxon told the recent FSC Outlook come to us with your five best ideas and let's see what we can do. So Good Returns asked some fund managers for their top five KiwiSaver change ideas.
Director and investor Fraser Whineray has delivered his plan for “KiwiSaver 2.0” to political parties this week.
Generate says providing advice on KiwiSaver can help create “a moat” around an adviser’s business.
Another dealer group gets a new CEO; Where to for mortgage advisers now?
KAN is the latest dealer group to get a new CEO, following Bruce Patten taking over NZFSG last year and Link has been advertising for a General Manager. [More on KAN here]
Following Westpac's decision to cut trail commissions we ask where to now for mortgage advisers. [READ ON]