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.
Mortgage advisers will benefit from CCCFA lending changes as borrowers seek help with complex home loan applications, according to Squirrel's John Bolton.
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.
Westpac and BNZ are the latest big banks to make significant mortgage rate increases, hiking prices by up to 30 basis points.
Clients making mortgage deferral requests during lockdown have been told their hardship status will affect their credit rating, according to an Auckland-based adviser.
Nationally rents remained at an all-time weekly high of $550 in August despite the country entering a nationwide lockdown.
The office is no longer a place to be anchored at a desk whilst trying to block out the background buzz to meet deadlines.
The average property value across New Zealand is 7.9 times the average annual household income. A record high in the six-monthly CoreLogic Housing Affordability Report’s 18-year history.