BNZ has introduced new pricing conditions for the broker channel and will no longer guarantee mortgage rate offers during their five day validity period.
Banks are poised to raise interest rates further next month despite a wave of increases in recent weeks.
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.
BNZ has introduced new pricing conditions for the broker channel and will no longer guarantee mortgage rate offers during their five day validity period. Advisers have hit out at the changes: [READ ON]
Westpac has a new New Zealand chief executive and it is not acting CEO Simon Power: [READ ON]
Median rent levels around the country have been examined in the latest Regional Property Insights report by independent economist Tony Alexander and First Mortgage Trust.
A net 56% of mortgage advisers are seeing fewer investors stepping forward for mortgage advice, data from the First Mortgage Trust and Tony Alexander September survey shows.
Nationally rents remained at an all-time weekly high of $550 in August despite the country entering a nationwide lockdown.