Plenty of interest in development and investment finance

Despite a subdued residential housing market, Pallas Capital has lent $1.29 billion in investment and construction loans as enquiry rises.

Link appoints a new general manager

Adviser training boss takes the helm of Link Financial Group (LFG).

Mortgage lending dips

The latest Reserve Bank figures show new mortgage lending dropped to $8.3 billion in April from $8.7 billion in March, but up 3.5% from $8 billion in the same month last year.

Which banks did the most lending in 1st quarter; and who slowed down

Kiwibank appeared to take its foot off the accelerator on mortgage lending in the March quarter after a string of quarters of lending above its market share which reached almost 8% at March 31.

Today's Rate Changes

Sponsored by:

Property News

New rules for meth contaminated houses

New rules for meth contaminated houses

REINZ welcomes regulation of methamphetamine contamination in rental housing.

Leaving last year's stumbling housing market behind

Leaving last year's stumbling housing market behind

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.

Don’t bet on house prices rising faster than incomes

Don’t bet on house prices rising faster than incomes

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.

Top Mortgage Rates

Unity First Home Buyer special 4.09
SBS FirstHome Combo 4.19
ICBC 4.49
Co-operative Bank - First Home Special 4.55
Kainga Ora 4.59
AIA - Go Home Loans 4.65
Co-operative Bank - Owner Occ 4.65
ASB Bank 4.65
BNZ - Std 4.65
Nelson Building Society 4.69
TSB Special 4.69
Kainga Ora 4.95
China Construction Bank 4.95
ICBC 4.99
Nelson Building Society 5.09
SBS Bank Special 5.19
Westpac Special 5.19
BNZ - Std 5.19
AIA - Go Home Loans 5.25
ASB Bank 5.25
TSB Special 5.25
Unity Special 5.29
ICBC 5.65
Kainga Ora 5.69
SBS Bank Special 5.79
Westpac Special 5.79
BNZ - Std 5.79
AIA - Go Home Loans 5.89
Co-operative Bank - Owner Occ 5.89
ASB Bank 5.89
TSB Special 5.99
Kiwibank Special 5.99
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
ICBC 5.39
Kiwibank Special 5.75
Kiwibank - Offset 5.75
Kiwibank 5.75
Kainga Ora 5.79
Sponsored by:

People News

Finbase adds ex-Westpac BDM to team

Finbase adds ex-Westpac BDM to team

New Prospa BDMs

New Prospa BDMs

Small business lender Prospa adds two new Business Development Managers.

New BDM at FMT

New BDM at FMT

FMT adds Tauranga-based BDM

Sponsored by:

KiwiSaver News

Adviser complains about KiwiSaver campaign

Adviser complains about KiwiSaver campaign

A financial adviser worried about ASB’s marketing campaign for its KiwiSaver schemes has taken his complaint to the Financial Markets Authority.

New fund tool to compare KiwiSaver returns, connect advisers

New fund tool to compare KiwiSaver returns, connect advisers

A new fund finder tool is designed to offer a more user-friendly way for people to compare their KiwiSaver options.

KiwiSaver balances lift but some members left behind

KiwiSaver balances lift but some members left behind

New data from the Retirement Commission shows balances have increased year-on-year, but some people are still being left behind.