Reverse mortgage opportunity for advisers: Heartland
New Zealand advisers have an opportunity to raise greater awareness about reverse mortgages, as the product becomes increasingly popular in Australia, according to Heartland Bank CEO Chris Flood.
Mortgage price war heats up with TSB
TSB has hit the market with an aggressive price offer, promising to match any one year home loan rate offered by an "Australian-owned" lender.
Insurance report to hurt mortgage advisers: Newpark
The Financial Markets Authority and Reserve Bank's damning review of conduct and culture in the insurance industry will a "clear impact" on mortgage advisers as regulatory scrutiny heats up for advisers, says Newpark Home Loans boss Andrew Scott.
OCR could go up or down in 2021: RBNZ Governor
Inflation concerns have prompted the Reserve Bank of New Zealand to push back its forecast for an OCR change to 2021. Governor Adrian Orr reverted to a dovish tone, suggesting "continued supportive monetary policy", and said the next move could be "up or down".
First OCR decision of the year: Unchanged
The Official Cash rate is unchanged and isn't likely to move anytime soon. When it does it could go either way. Here's what RBNZ Governor Adrian Orr said today.
TSB takes new approach
Mortgage price war heats up with TSB [READ ON]