Kiwibank's changes to how it insures its home loans has created quite a lot of discussion in the mortgage broking industry with comments to the original article along with phone calls and emails. To understand the changes have a look at this document which outlines the increases made to the LMI premiums. As you will see the premium increases as the LVR increases.
Also today with have a new graph on home loan rates. This graph shows how the market has changed in the past year. What is worth looking at is how the yield curve has changed recently. This change no doubt impacts on thinking about borrowing strategies at the moment.
