Reserve Bank proposals could force $2 billion mortgage hike: UBS
The Reserve Bank's new capital proposals could force Kiwis to pay $1.9 billion-$2.7 billion more for their mortgages each year, investment bank UBS has warned.
Westpac back below 4%
Westpac has slashed its one year special rate to under 4%, prompting the possibility of another mortgage price war in 2019.
Markets price in 40% chance of OCR cut
Interest rate derivatives markets are pricing in a 40% probability the Reserve Bank will cut the Official Cash Rate this year, amid weakening inflation and slower growth overseas.
Non-banks head to Hamilton and Christchurch
The popular "speed-dating" event for non-banks and mortgage advisers is set to roll into Hamilton and Christchurch early this year as non-traditional lenders look to build on a promising 2018.
Advisers welcome interest-only boost
The Australian Prudential Regulation Authority has relaxed restrictions on interest-only lending, and mortgage advisers hope the decision will have a positive impact on New Zealand's lending market.
New year; new rates
The year starts with Kiwibank making some cuts to its two-year fixed rates.
In case you missed some of the news over the break here are some links
Advisers welcome interest-only boost [READ ON]
10 things to look out for in 2019 [READ ON]