ANZ's reliance on mortgage advisers eases a little
Mortgage advisers originated 58% of ANZ Bank New Zealand’s home loans in the six months ended March, down from 59% in the same six months a year earlier.
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Moneta: Strengthening KiwiSaver advice with digital tools from OMNIMax
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One-year fixed spot on for borrowers - ANZ
ANZ economists see little value in fixing mortgages for more than one year from a pure cost perspective.
Economists at war over OCR forecasts
ANZ suggests the RBNZ will rise three times this year. Kiwibank says "reckless" rate hikes unwarranted.
ANZ goes out on a limb and predicts three OCR rises this year
The country’s biggest bank and home loan lender is now predicting three 0.25% OCR rises this year, taking the official cash rate to 3%.
Mortgage enquiries sink as war drags on and interest rates rise
High fuel prices because of the US and Israel war with Iran, rising interest rates, an increase in banks’ servicing test rates, election year wobbles and general uncertainty over the economy have meant a noticeable drop in mortgage enquiries.
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New rules for meth contaminated houses
REINZ welcomes regulation of methamphetamine contamination in rental housing.
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
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 | 3.95 |
| SBS FirstHome Combo | 4.19 |
| Kiwibank Special | 4.49 |
| ICBC | 4.49 |
| Co-operative Bank - First Home Special | 4.55 |
| Kainga Ora | 4.59 |
| Unity Special | 4.59 |
| TSB Special | 4.59 |
| AIA - Go Home Loans | 4.65 |
| Co-operative Bank - Owner Occ | 4.65 |
| BNZ - Std | 4.65 |
| ICBC | 4.89 |
| Kiwibank Special | 4.89 |
| China Construction Bank | 4.95 |
| Kainga Ora | 4.95 |
| BNZ - Std | 5.09 |
| Nelson Building Society | 5.09 |
| Unity Special | 5.09 |
| SBS Bank Special | 5.19 |
| TSB Special | 5.19 |
| Westpac Special | 5.19 |
| AIA - Go Home Loans | 5.25 |
| Westpac Special | 5.59 |
| ICBC | 5.65 |
| Kainga Ora | 5.69 |
| BNZ - Std | 5.79 |
| TSB Special | 5.79 |
| SBS Bank Special | 5.79 |
| Kiwibank Special | 5.79 |
| AIA - Go Home Loans | 5.89 |
| ASB Bank | 5.89 |
| Co-operative Bank - Owner Occ | 5.89 |
| 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 |
| Heartland Bank - Online | 5.30 |
| ICBC | 5.39 |
| Kiwibank Special | 5.65 |
| Kiwibank - Offset | 5.65 |
| Kiwibank | 5.65 |
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New BDM at FMT
FMT adds Tauranga-based BDM
Loan Market adviser becomes RM
Loan Market adviser Ryan Amoore has shifted to the corporate team as a Regional Manager.
Cressida adds to its team
Specialist lender Cressida Capital has appointed a new property finance analyst.
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KiwiSaver value for money not set and forget
Financial advisers need to remember that value-for-money is an ongoing expectation in KiwiSaver, one financial advice technology specialist says, not something that can be dealt with once and ticked off.
FMA takes pulse of KiwiSaver private assets
KiwiSaver managers are likely to expand their allocation to private assets in the coming years, the Financial Markets Authority says, but one investment adviser says there should be more demand for it than there is.
Industry wary of KiwiSaver changes
KiwiSaver providers are cautiously supportive of changes to make it easier for farmers to buy homes – but would prefer the tinkering with the system stopped.
ANZ adviser support drops (a little); What the FAP landscape looks like now
ANZ's reliance on mortgage advisers eases a little. [READ ON]
What the FAP landscape looks like now. [Details here]