Last month, first time buyers took their highest share of the mortgage lending market in over a decade, according to new figures from the Reserve Bank.
Aaron Skilton, chief distribution officer at New Zealand Home Loans, has taken leadership of the advisory group following the departure of former boss Julian Travaglia.
Northland mortgage adviser Quantum Financial has launched an artificial intelligence “chatbot” to handle customer enquiries, becoming one of the first Kiwi advisers to use AI.
Strong demand for rental properties in the regions means rents broke the seasonal trend and went up in April, new rental price data reveals.
Glenn Stevenson, Head of Mortgages at ANZ, tells TMM about plans to broaden the scope of the bank’s lending advice through its new ‘Home Loan Coaches’ initiative, and what the move means for mortgage advisers.
Well the Budget didn't have too much to rock the world of mortgage advisers but there was some news of interest for the housing market. We have done a round up of the key points here.
ANZ have introduced what it calls Home Loan Coaches. TMM Online finds out more about the coaches and whether they are trying to replace mortgage brokers. [READ ON]
I was fortunate yesterday to attend some of the Mortgage Finance Association of Australia’s broker conference in Sydney yesterday.