Keep up to date with
news and rate changes

Mortgage News Archive 2018

2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  

January 2018
February 2018
March 2018
April 2018
May 2018
June 2018
July 2018
August 2018
September 2018
January 2018
8th - New look General Finance to take on gaps in market
15th - Non-bank lender changes hands
16th - New lending manager
17th - Giving mortgage advisers a voice
18th - Housing market picks up, but not everywhere
18th - House prices pick up, but volumes low
22nd - The first rate change for the year
23rd - What advisers want from Financial Advice NZ
23rd - Guilty plea from mortgage fraudster
25th - The Co-operative Bank trims one-year rates
25th - Auckland property gains halved in two years
26th - Ups and downs from ASB today
30th - New low for investor mortgage share
31st - Investor loans low; AI arrives for a mortgage adviser
February 2018
1st - BNZ move puts pressure on other banks
1st - BNZ changes adviser commission model
2nd - OCR holding pattern to continue
5th - Will the OCR move this week? Check out what economists think
7th - Westpac shaves one-year rate
8th - OCR unchanged: The Reserve Bank has spoken
8th - What the Reserve Bank said today
8th - Low interest rates set to continue
9th - BNZ puts out competitive one-year rate
9th - Prison sentence for mortgage fraudster
12th - Westpac follows BNZ near the top of the table
13th - ANZ gets aggressive
15th - Blackwell eyes gap in market with new funding line
16th - Strategi and IDS merge
16th - One-year term gets more interesting; Compliance firms merge
16th - Get ready for downturn - Bagrie
20th - New leading 5-year rate; Bagrie is back
21st - Ageing population behind reverse mortgage rise, says Heartland
22nd - ANZ tightens lending controls following fraud case
22nd - Lending criteria to ease, rates to rise
23rd - HSBC does it again
27th - Bluestone returns after 10 year absence
27th - Multi-million mortgage fraud trial gets underway
27th - There's more to a home loan than the rate
28th - Meet the latest non-bank lender to market; How hot is HSBC's new rate? Find out here
March 2018
1st - RESIMAC applications up 30% as Homeloans profits soar
2nd - Bluestone hails “extra firepower” after US takeover
5th - New owners for non-bank lender
6th - New Zealand economists divided over OCR
6th - BNZ cuts a rate; Economists split on next OCR move
9th - Kiwibank changes its OCR forecast
12th - Kiwibank cuts Special only
14th - Acting RBNZ Governor reignites DTI ratio debate
14th - Acting RBNZ Governor reignites DTI ratio debate
16th - OCR call takes backseat
19th - It's OCR week. What will happen?
19th - Westpac expects government policy to "cool" housing market and GDP
21st - BNZ moves; Mortgage adviser survey
21st - BNZ slashes mortgage fees
22nd - Why OCR left unchanged; BNZ slashes fees
22nd - What the RBNZ governor said today
22nd - Spirit of caution in OCR call
26th - Pluses and minuses from Kiwibank
26th - No need to fear RBNZ’s new PTA
26th - KPMG: Small banks growing loan books at quicker rate
27th - Advisers face interest-only lending restrictions
27th - LVR changes impact on lending
28th - The problem with interest-only; CWG feedback wanted
29th - Online solutions aid compliance
29th - Brightline test extended; Property investors a little more active
April 2018
3rd - More property tax changes coming
3rd - Wide variation in stress testing thresholds
4th - Latest house prices; TSB gets sharp; Last call
6th - ANZ: first time buyers are back
6th - NZ customers more "satisfied" with local banks
9th - Tech firm to visit NZ ahead of electronic lodgement launch
10th - Electronic loan lodgement inches close
10th - Make commission details publicly available: MBIE
11th - ANZ increases servicing rate for loans
12th - RBNZ: new PTA an “evolution”
13th - Two week lull ends
13th - Millennials turn to Kiwisaver for home deposits
13th - Goppy returns
16th - Core Finance relaxes lending criteria
16th - What's a Comm Games gold medal (or two) worth?
18th - Mortgage People founders launch online brokerage
19th - Rate cuts; Old, new face returns to the industry
19th - Property investors “bounce back” in February: ANZ
20th - Property investors returning; Degrees for mortgage brokers
20th - LVR a “permanent tool”: RBNZ Governor
23rd - Kiwibank slashes rates
26th - New CEO for Kiwibank
27th - Owner-occupier and investor lending jumps in March
30th - A floating rate rises; New mortgage cover
30th - Mortgage borrowing rise to be “short-lived”: Westpac
May 2018
1st - One up, one down at ANZ; Plus big profit jump
1st - ANZ posts half year cash profit of $941 mill
2nd - ANZ's Hisco says no problems in NZ; FMA says prove it
3rd - Advisers account for bigger share of ANZ's home loans
3rd - The importance of advisers to ANZ
4th - BNZ grows advisers flows but keeps them low
4th - BNZ on mortgage advisers; Westpac cuts
4th - All eyes on Orr in lead-up to OCR call
7th - What's likely to be in this week's OCR announcement
7th - Open banking opportunity for mortgage advisers
9th - The Co-Op bank makes further cuts; Westpac update
9th - 100,000 ANZ customers under-charged interest
10th - What Orr said in his first OCR announcement [+AUDIO]
10th - OCR Unchanged; What Orr said
10th - Applause for OCR call
11th - RESIMAC cuts rates after 30% volume rise
11th - RESIMAC makes cuts on big growth; Reviewing the new-look RBNZ
14th - General Finance founders target funding gap with EMortgage
14th - SBS cuts; Cairns and Lockie back in the market
14th - Kepa ready for regulatory changes
15th - Kepa appoints new home loans boss
17th - Budgeting to build
18th - ANZ talks Home Loan Coaches
18th - Brokers' Budget Guide; Is ANZ trying to replace brokers with coaches?
21st - Regional rents soar
22nd - Northland adviser launches next-gen chatbot
24th - Latest RBNZ figures reveal first time buyer boom
28th - Property Institute questions government housing policy
29th - General Finance to join stock market
29th - SBS grows lending book, but with less aggression
30th - LVR easing not on cards
30th - Regulators: no "evidence" to warrant NZ banking commission
31st - Update on LVR restrictions; Commission not needed
June 2018
1st - Spotlight on non-bank fees
6th - HSBC does it again
6th - HSBC launches 5th sub 4% home loan offer
6th - New build financing gap boosts Southern Cross
7th - NZCU Baywide to offer 95% mortgages
7th - NZCU Baywide widens lending criteria
7th - Next phase of RBNZ review likely to assess DTIs
8th - DTIs will be looked at again
8th - ASB, Westpac tweak servicing tests
11th - Kiwibank moves rates; Others adjust servicing levels
11th - KiwiSaver boosts first home market: ANZ
12th - Advisers inundate CWG with submissions
13th - Housing affordability down in major cities
14th - ASB cuts and moves up the table; Kepa has new CEO
15th - Adviser hits out at commission disclosure proposals
15th - Adviser hits out at commission disclosure proposals
15th - Guilty verdict for mortgage fraud trio
18th - P2P lender cuts rates
18th - Lender cuts rates; Guilty verdict over $54mill mortgage fraud
19th - Tax changes would slash house prices
20th - The correct facts about tax and rental properties
20th - The correct facts about tax and rental properties
21st - ANZ matches leader
21st - Kiwis back shared equity schemes
22nd - Construction slump slows GDP
22nd - Westpac does some matching cuts
25th - OCR to stay on hold
25th - OCR Preview: The latest outlook for interest rates
26th - BNZ cuts; Bank staff still pressured to sell products
27th - Co-Op Bank moves
28th - Mortgage lending hits two year high
28th - RBNZ leaves OCR alone; Here's why
28th - Today's OCR statement
28th - OCR words open door for cut
29th - Westpac makes major commission changes
29th - Interest rates not likely to move for a long time
July 2018
2nd - More rate cuts; Are Special rates misleading?
2nd - Disclose “incentives” and “perks”: Southern Cross CEO
3rd - Call for even greater commission disclosure; New role for Bailey
4th - Winter chill settles on market
4th - TSB appoints new chief executive
4th - Kiwibuild eligibility criteria revealed
5th - The latest on Kiwibuild
5th - ASB predicts “mild” OCR increase
6th - Loan Market settles record amount
9th - Loan Market reveals settlement numbers
10th - TSB heroes 18-month rate
11th - The one-bank trap for investors
12th - An update on meth standards
13th - Crazy rental plans proposed
17th - Owner occupiers better protected now: RBNZ (+ Report)
17th - Owner-occupiers better protected; Latest house price stats
18th - Bank profits under pressure - KPMG
18th - Patten takes down broking shingle after 16 years
18th - Patten on his new role with NZFSG; Co-op rate change
18th - Small banks growth outpace big banks
19th - High-charging non-bank lenders revealed
20th - Advisers want changes to Code Working Group proposals
23rd - Dealer groups divided on Code
24th - Mortgage groups divided on Code proposals
25th - Mortgage lending falls in June
26th - National signals opposition to monetary policy changes
26th - Ombudsman sees drop in mortgage cases
27th - Lending and changes quieter; New appointments
27th - Squirrel launches no-fee personal loans
30th - First no-fee home-owner's loan
31st - Committee proposes FSLAB changes
August 2018
1st - Select Committee told: Could do better
1st - General Finance stock market listing moves closer
1st - Mike Pero Mortgages boss warns of “forensic underwriting”
2nd - Banks being more fussy; FSLAB outcome slammed
3rd - OCR preview: Reserve Bank tipped to remain cautious
3rd - OCR Preview; What's likely to happen next week
3rd - Mortgage fraudsters jailed
6th - Revealed: What MBIE told MPs about financial advice
7th - Avanti makes major home loan changes
7th - Aussie report calls for end of trail commission
7th - Avanti product changes; Officials respond
8th - HSBC does it again with significant rate cuts
8th - ANZ scraps staff sales incentives
9th - What the bank said: OCR unchanged and to stay low for longer
9th - Here's what RB governor Orr said today
9th - Reserve Bank springs surprise with dovish OCR forecast
10th - One curious change
13th - “Real” risk of OCR cut: Westpac
13th - Kiwibank offers 90% KiwiBuild mortgages
14th - New Kiwibuild lending package; OCR could actually be cut
14th - Mike Pero v MPM $2.5 mill debt fight back in court
15th - Mike Pero and MPM back in court
15th - REINZ data suggests "buyers market" in Auckland
16th - Auckland a buyer's market; Financial Advice NZ puts case to minister
16th - Consumers expect rate rise: ASB
16th - Mike Pero v Mike Pero companies – the battle continues
17th - 60 basis point rate cut; Judge calls Pero relationship dysfunctional
17th - Lower long-term rates predicted
20th - Rates keep falling
21st - ANZ predicts OCR cut
21st - Mortgage broker sent to prison
21st - More rate cuts; Mortgage broker sent to jail
22nd - Non-bank lenders go dating advisers
22nd - Non-bank lenders go dating
23rd - Judge discharges order against Mike Pero
23rd - Victory for Mike Pero; Calling all Young Advisers
24th - FMA referred fraudster “broker” to IRD
24th - FMA referred fraudster “broker” to IRD
24th - We're not average: Kiwibank's new boss
24th - RESIMAC builds non-bank market share
27th - OCR to peak at 2.75 percent: ASB
27th - RESIMAC builds market share; Bank says; We're not average
28th - No adjournment for Mike Pero case
28th - Next round in Mike Pero duel; Right peak will be lower than before
29th - First home buyers strong, investors return in July
30th - Cressida deploys $50 million capacity for premium product
30th - Cressida deploys $50 million
31st - Property news for brokers
31st - Kiwibank one-year special to rise
September 2018
3rd - Kiwibank ends one-year special
3rd - Market pricing 50% chance of OCR cut: ANZ
4th - Mortgage People looks to grow post deal
4th - 50% chance of OCR cut; Mortgage People looks to grow
5th - Mike Pero case judge wonders what the argument is
5th - New venture to drive down construction costs
5th - MPM Judge asks: What's the argument?
6th - Failed MPM relationship doesn’t mean deadlock
6th - Latest QV house price stats
7th - ASB cuts long-term rates
7th - ASB offers KiwiBuild sweeteners
10th - Frank thoughts from FMA; PAA tries to disappear
11th - Southern Cross enjoys strong year
11th - Southern Cross sparkles; Got your ticket yet?
12th - Two banks rate cuts + People News
12th - Asset Finance agrees takeover
13th - More support for non-banks; FSLAB gets unanimous support
13th - First Auckland price increase in six months
14th - BNZ makes some competitive and no so-competitive cuts
17th - New adviser laws closer to reality; GM appointed to group
17th - AI: Advice's next big disruption
18th - How low could the OCR go?
18th - Bold OCR prediction; Another dealer group
19th - Mortgage brokers key channel for profit-surging banks: KPMG
19th - Upbeat report on brokers
20th - Reverse mortgages, motor, drive Heartland growth
20th - What the tax group wants; Reverse mortgages drive Heartland forward
20th - No firm call on CGT
Copyright © 2018 Tarawera Publishing Limited. All Rights Reserved.