OCR cuts and when they will start
The Mortgage Magazine
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1w ago
Financial markets are pricing in an aggressive easing of almost three OCR cuts next year – a quantum leap from the RBNZ’s previous forecasts of no cut until the first quarter of 2025 ..read more
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The first bank rate cut
The Mortgage Magazine
by
1w ago
Westpac is the first bank to cut home loan rates, lowering its two-year rate ..read more
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Payments NZ wants changes to open banking bill
The Mortgage Magazine
by
1w ago
Payments NZ is bidding for its API Centre to be at the centre of not just open banking but of data sharing in other industries such as energy and telecommunications ..read more
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RBNZ stays on hold as economists, markets debate timing of first OCR cut
The Mortgage Magazine
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1w ago
Nobody is expecting the Reserve Bank to do anything when it releases its latest monetary policy statement and economic forecasts next Wednesday but there's a debate raging about when it will start cutting interest rates ..read more
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TAP hoping to pick up new business with big discount
The Mortgage Magazine
by
2w ago
In an effort to attract independent mortgage advisers to its aggregation platform and other services, The Adviser Platform (TAP) is offering a 50% discount for six months ..read more
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Mortgage advisers dominate ANZ's new home lending
The Mortgage Magazine
by
2w ago
Mortgage advisers are becoming increasingly dominant in originating home loans as the annual results of the country's largest bank, ANZ Bank New Zealand, demonstrate ..read more
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Where lenders want to put their money
The Mortgage Magazine
by
2w ago
New research shows seventy per cent of bank and non-bank lenders prefer funding industrial developments above all other property assets ..read more
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ANZ will continue to sell home loans directly
The Mortgage Magazine
by
2w ago
ANZ is still committed to offer loans through its branches although nearly two-thirds of its lending was originated by mortgage adviser channel in the most recent financial year ..read more
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Westpac's mortgage lending slowed in the second half
The Mortgage Magazine
by
1M ago
Westpac New Zealand's mortgage lending slowed in the six months ended September after a much brisker pace in its first half ..read more
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Westpac says more mortgage customers face higher rates
The Mortgage Magazine
by
1M ago
Westpac New Zealand says about 88% of its mortgage customers have already rolled over to fixed-term rates of 5% or higher and that 54% are paying interest rates between 5% and 7 ..read more
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