Dispute resolution scheme Financial Services Complaints says it has received fewer complaints about financial advisers in the second half of last year than in the same time a year earlier, even as overall complaint numbers rose.
Being a good mortgage adviser requires combining technical expertise in lending with exceptional customer service to build trust.
As expected, billions of mortgage dollars washed around the major banks at the end of last year as homeowners chased the big cash backs on offer.
Traditional mortgage advisory companies have been told to take the lead from fintechs in becoming more agile, innovative and aggressive.
The ASB and ANZ have joined Westpac in thinking the Reserve Bank will be forced to raise the OCR this year instead of next.
In today’s fast-moving financial landscape, embracing transformation isn’t optional—it’s essential. For advisers, the benefits are clear: more time with clients, less time on admin, and smarter tools that support better conversations and outcomes.
Despite cajoling from advisers and economists that the past couple of months have been the time to fix at low long-term rates – down to 4.75% for three years – home owners have been ignoring that advice.
Second defendant sentenced in SFO mortgage fraud case.
New global research from LinkedIn shows professionals, such as mortgage advisers, are turning to their networks as they feel overwhelmed by rising AI expectations.
The mantra of survive til ‘25 transitioned into survive thru ‘25 as the economic recovery proved gradual.
Fixed interest rates have fallen substantially, since the middle of 2024, coming down from about 7% to the mid 4% range over that time.
Stimulatory mortgage rates positive for economic recovery but risks remain.
Westpac economists reckon there will be just one OCR hike this year and have pencilled it in for December after the election.
Economist Tony Alexander says based on the Australian rate looking like it will be raised from 3.6% before the middle of this year, the New Zealand OCR will comfortably rise before the end of the year.
Early adopter advisers and lenders are now using regulated open banking connections to make it easier for people to apply for a home loan.
First home buyers are not being deterred by Queenstown’s soaring house prices.
Investor mortgage borrowing is edging closer to where debt-to-income (DTI) restrictions start to kick in.
About half of all first home buyer lending has been done at a less than 20% deposit in recent months.
Mortgage advisers have been given more bad news over trail commissions just before Christmas.
Advisers are being warned about cyber criminals ramping up activity over the holidays.
