Relationships between mortgage advisers and real estate agents are being questioned by Consumer NZ, which is concerned about financial kickbacks.
With regulation looming, mortgage adviser group need to develop their businesses to meet the on-coming changes. Mortgage Express and the Q Advisor Group, while separate, are working together to develop tools to empower their advisers. Here's what they have done so far. MORE »
One of the bigger non-bank lenders before the GFC is set to return to New Zealand.
New Zealand’s lower economic growth was acknowledged by the Reserve Bank in its OCR statement today – which means there's a chance their next call could be more doveish.
Acting governor Grant Spencer reveals what was behind the Reserve Bank's decision.
Although Commonwealth Bank has sold Sovereign to AIA, the insurer’s $7 billion home loan book isn’t part of the deal.
Westpac has shaved 15 basis points off its standard and Special three-year fixed rates making them the most competitive of the main banks. They are only outdone by HSBC.
This follows on ASB taking a leading position in the one-year fixed term recently.
Questions are swirling around the future for the Sovereign Home Loans business. As we report here Sovereign will remain part of ASB and hasn’t been included in the sale to AIA.