ASB to help bereaved borrowers
ASB has pledged to pay customers' mortgage interest for a year if another borrower on the home loan dies.
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Leading Adviser explains why a group's actions need to speak louder than words
“For me, support means more than telling – it involves doing.” MORE »
Wealthpoint advisers ‘cautiously optimistic’
A recent survey of 50 Wealthpoint member businesses reveals most are in a positive frame of mind about their ability to face ongoing Covid-19 challenges. MORE »
Lending policies changing rapidly
Bank lending policies are changing at their fastest rate since the GFC, with huge variations between major lenders, according to one Auckland adviser.
TSB relaunches price-match offer
TSB has revived its home loan price-match offer, vowing to offer rates in line with the big-four banks.
Tough servicing tests remain
Advisers have called on banks to lower servicing test rates as home loans plummet to record lows.
Reserve Bank governor believes rates can go lower
Reserve Bank governor Adrian Orr believes banks have "room to go" to push home loan rates below current record lows.
Property News
Compliance statement deadline extended
There’s some relief for struggling landlords with the announcement today that the Healthy Homes Compliance Statement deadline has been extended for an additional five months.
Consents fall could have been worse
New dwellings consents dropped in April. That didn’t surprise anyone but economists were surprised that the drop wasn’t bigger.
No post-Covid-19 dent in asking prices
Covid-19 has not diminished the price expectations of property sellers with new data revealing that average asking prices hit record highs in seven regions in May.
Lending policies changing rapidly; TSB price match
Bank lending policies are changing at their fastest rate since the GFC, with huge variations between major lenders, according to one Auckland adviser: [READ ON]
No new rate changes today, but in case you missed it last week, TSB has vowed to match any home loan rate from the big four banks: [READ ON]