Mortgage advisers punch-up with ComCom takes a new twist
The scrap between mortgage advisers and the Commerce Commission over its insistence borrowers be presented with three actual offers from three different lenders has taken another turn.
The dispute between mortgage advisers and the Commerce Commission over its insistence that borrowers be presented with three actual offers from three different lenders has taken another turn.
The Finance and Mortgage Advisers Association of New Zealand (FAMNZ) is putting together a proposal it hopes will get to where the commission wants with its directive and stop any further government...MORE»
NZFSG joins up with specialist insurerThursday, March 6th, 9:35AM 1 comment
NZFSG has partnered with specialist property investor insurer Initio. MORE» |
Longer-term mortgage rates near cycle lowsThursday, March 6th, 6:00AM
For longer-term interest rates to fall the OCR would need to dip below 3%, ANZ says in its latest Property Focus report. MORE» |
Adrian Orr departs RBNZ still congratulating himself
[Opinion] Adrian Orr’s surprise resignation as Reserve Bank governor three years before his current five-year term ends will be celebrated by many observers and likely every Australian-owned bank chief executive and all their senior officers and directors.
MORE»Orr resigns
Reserve Bank of New Zealand Governor Adrian Orr has resigned and will finish up in the role at the end of the month.
MORE»Small business lender goes prime
Small business lender Bizcap has added prime loans to its offering.
MORE»Kiwibank, ASB lift mortgage market share, ANZ, Westpac lag
The Reserve Bank data has confirmed that Kiwibank is lending at more than twice the rate of its share of the mortgage market while ASB continues to make up for share lost in 2023.
MORE»Distressed home loans reach record highs
The latest figures from Centrix and the RBNZ show the drop in interest rates is not yet helping the surge in mortgage arrears and non-performing loans.
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