Weekly Mortgage Newsletter
3 March 2015
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[Your Mortgage Matters] OCR announcement surprises
The Reserve Bank's OCR announcement today has caught many people by surprise. Not that the OCR remained unchanged, but the change in language which suggests future OCR hikes are some way off in the distance. For more [Read On]
Lending Survey
It's that time of the year when we look at what banks are offering property investors when it comes to lending. I would like to invite you to take part in our annual bank lending survey.
All respondents will be sent a complimentary copy of the NZ Property Investor Magazine and automatically go into a draw to win a $50 iTunes voucher. Please take a few minutes to fill in this survey
Home Loans News
OCR good news for borrowers
Home loan rates don’t look like going up anytime soon following today’s official cash rate announcement from the Reserve Bank. More »
BNZ books big profit on lending turnaround
BNZ chief executive Anthony Healy credits the bank's “strong” performance in the 12 months ending September 30 to a turn around in its lending operations. More »
What the Reserve Bank said
The Reserve Bank has left the OCR unchanged and has given few clues about future movements. More »
Criteria for lifting LVR rules reviewed soon: Wheeler
Next month’s Reserve Bank Financial Stability Report will review the state of the housing market and the implications of that on loan-to-value restrictions, the Reserve Bank governor says. More »
Four year securitisation drought ends
Non-bank lender RESIMAC has completed a $150 million securitisation which will help it continue to grow in New Zealand. More »
Insurance
Your Guide to the FAA Review
Russell Hutchinson's guide on how to have a real input into the Financial Advisers Act Review. More »
People
Kepa gets new mortgage boss
Newly-minted dealer group Kepa has appointed the wife of a mortgage adviser to head up its home loan operations. More »
Jobs
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