October rate increases to follow recent moves

Banks are poised to raise interest rates further next month despite a wave of increases in recent weeks.

Broker complaint dismissed

FSCL has rejected a complaint against a broker and finance company after a client fell behind on mortgage payments and was forced to sell their home.

CCCFA an opportunity for advisers

Mortgage advisers will benefit from CCCFA lending changes as borrowers seek help with complex home loan applications, according to Squirrel's John Bolton.

Borrowers abandon one year rates

Borrowers are less likely to pick one-year fixed mortgages ahead of expected rate increases, with three-year deals becoming more popular, according to a new survey. 

Today's Rate Changes

Property News

Rent levels countrywide

Rent levels countrywide

Median rent levels around the country have been examined in the latest Regional Property Insights report by independent economist Tony Alexander and First Mortgage Trust.

Investors continue to shy away from buying more property

Investors continue to shy away from buying more property

A net 56% of mortgage advisers are seeing fewer investors stepping forward for mortgage advice, data from the First Mortgage Trust and Tony Alexander September survey shows.

Rents remain at all-time highs

Rents remain at all-time highs

Nationally rents remained at an all-time weekly high of $550 in August despite the country entering a nationwide lockdown.