Wednesday, June 03rd 2026
Advocacy over shouting leads the way
The demise of the Finance and Mortgage Advisers Association of New Zealand (FAMNZ) is no surprise to Hamish Patel, Financial Advice New Zealand (FANZ) mortgage and lending director.
News > News
Wednesday, June 03rd 2026
The demise of the Finance and Mortgage Advisers Association of New Zealand (FAMNZ) is no surprise to Hamish Patel, Financial Advice New Zealand (FANZ) mortgage and lending director.
Wednesday, June 03rd 2026
A raft of mortgage fraud charges against six people have been filed by the FMA in the Manukau District Court.
Tuesday, June 02nd 2026
If all goes to plan, Heartland Group’s purchase of TSB Bank will result in home loans becoming 44% of the combined group’s $15.1 billion of gross receivables and 54% of the New Zealand bank’s gross receivables, according to the proforma inflation Heartland has provided.
Tuesday, June 02nd 2026
Heartland Group is taking over TSB paying the Taranaki-based bank $620 million in cash, shares and a $264 million two-year vendor loan.
Monday, June 01st 2026
Two years after launching the Finance and Mortgage Advisers Association of New Zealand (FAMNZ) is shutting up shop.
Friday, May 29th 2026
Finbase has launched a new 30-year mortgage product after a $150 million capital partnership deal with ASX-listed Challenger.
Thursday, May 28th 2026
Australia listed Challenger has finalised a $150 million capital partnership with Auckland-based mortgage lender Finbase
Thursday, May 28th 2026
Xceda is pleased to introduce Helen Zheng, Business Development Manager, supporting advisers with lending submissions, credit guidance, adviser education, and early stage deal structuring.
Thursday, May 28th 2026
The Reserve Bank says it expects average mortgage rates to increase from about 4.9% in March this year to about 5.4% by March 2027.
Wednesday, May 27th 2026
The Reserve Bank is projecting its official cash rate (OCR) will probably rise to 2.5% in the September quarter, although there's still a chance of an earlier hike.
Wednesday, May 27th 2026
The Monetary Policy Committee today voted to hold the OCR at 2.25%.
Tuesday, May 26th 2026
There are fears some hefty mortgage interest rate rises coming based on recent movements in wholesale rates.
Friday, May 22nd 2026
Economists expect the OCR to be held at 2.25% at Wednesday’s RBNZ meeting.
Thursday, May 21st 2026
For the first time in a decade no bank has reached Consumer NZ’s customer satisfaction threshold for its Consumer Choice award.
Tuesday, May 19th 2026
Xceda is pleased to introduce Bruce Smith as Strategic Partnership Manager, supporting advisers with specialist lending scenarios and strengthening relationships across the adviser market.
Friday, May 15th 2026
ASB’s economists are favouring OCR hikes to start in July while Westpac thinks September is the right time.
Thursday, May 14th 2026
Basecorp has closed out another securitisation programme raising funds for future lending.
Monday, May 11th 2026
While house prices move up at a glacial pace first home buyers are taking advantage of the hollowed-out market to buy and get what they want.
Friday, May 08th 2026
Cashback campaign cost banks millions for little change in mortgage customer share
Wednesday, May 06th 2026
The Reserve Bank says residential mortgage lending by non-banks has risen about 30% since the deposit insurance scheme came into force from July 1 last year.
Tuesday, May 05th 2026
Westpac New Zealand accelerated its home loan lending in the six months ended March, adding $2.1 billion in new lending.
| Unity First Home Buyer special | 4.09 |
| SBS FirstHome Combo | 4.19 |
| ICBC | 4.49 |
| Co-operative Bank - First Home Special | 4.55 |
| Kainga Ora | 4.59 |
| BNZ - Std | 4.65 |
| Co-operative Bank - Owner Occ | 4.65 |
| ASB Bank | 4.65 |
| AIA - Go Home Loans | 4.65 |
| TSB Special | 4.69 |
| SBS Bank Special | 4.69 |
| ICBC | 4.89 |
| China Construction Bank | 4.95 |
| Kainga Ora | 4.95 |
| Nelson Building Society | 5.09 |
| BNZ - Std | 5.19 |
| SBS Bank Special | 5.19 |
| Westpac Special | 5.19 |
| ASB Bank | 5.25 |
| AIA - Go Home Loans | 5.25 |
| TSB Special | 5.25 |
| Kiwibank Special | 5.29 |
| ICBC | 5.65 |
| Kainga Ora | 5.69 |
| Westpac Special | 5.79 |
| BNZ - Std | 5.79 |
| SBS Bank Special | 5.79 |
| Co-operative Bank - Owner Occ | 5.89 |
| ASB Bank | 5.89 |
| AIA - Go Home Loans | 5.89 |
| Kiwibank Special | 5.99 |
| TSB Special | 5.99 |
| China Construction Bank | 5.99 |
| SBS FirstHome Combo | 3.29 |
| AIA - Back My Build | 3.34 |
| SBS Construction lending for FHB | 3.74 |
| CFML 321 Loans | 3.95 |
| Co-operative Bank - Owner Occ | 4.99 |
| Co-operative Bank - Standard | 4.99 |
| Heartland Bank - Online | 5.30 |
| ICBC | 5.39 |
| Kiwibank - Offset | 5.75 |
| Kiwibank Special | 5.75 |
| Kiwibank | 5.75 |