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.

61 mortgage fraud charges filed

Wednesday, June 03rd 2026

61 mortgage fraud charges filed

A raft of mortgage fraud charges against six people have been filed by the FMA in the Manukau District Court.

TSB Heartland to become NZ's sixth largest home loan provider

Tuesday, June 02nd 2026

TSB Heartland to become NZ's sixth largest home loan provider

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.

Heartland to buy TSB

Tuesday, June 02nd 2026

Heartland to buy TSB

Heartland Group is taking over TSB paying the Taranaki-based bank $620 million in cash, shares and a $264 million two-year vendor loan.

FAMNZ dead

Monday, June 01st 2026

FAMNZ dead

Two years after launching the Finance and Mortgage Advisers Association of New Zealand (FAMNZ) is shutting up shop.

Lending expansion and new product to bolster Finbase

Friday, May 29th 2026

Lending expansion and new product to bolster Finbase

Finbase has launched a new 30-year mortgage product after a $150 million capital partnership deal with ASX-listed Challenger.

Thursday, May 28th 2026

Aussie private credit deal for Finbase

Australia listed Challenger has finalised a $150 million capital partnership with Auckland-based mortgage lender Finbase

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Meet Helen Zheng, Business Development Manager at Xceda

Meet Helen Zheng, Business Development Manager at Xceda

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.

RBNZ predicts rising mortgage rates

RBNZ predicts rising mortgage rates

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.

Divided RBNZ keeps the OCR on hold

Divided RBNZ keeps the OCR on hold

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.

OCR announcement: What the RBNZ said

OCR announcement: What the RBNZ said

Wednesday, May 27th 2026

The Monetary Policy Committee today voted to hold the OCR at 2.25%.

Prediction for weighty rate rises on the horizon

Prediction for weighty rate rises on the horizon

Tuesday, May 26th 2026

There are fears some hefty mortgage interest rate rises coming based on recent movements in wholesale rates.

What will the RBNZ do to the OCR next week? Economists give their guesses

What will the RBNZ do to the OCR next week? Economists give their guesses

Friday, May 22nd 2026

Economists expect the OCR to be held at 2.25% at Wednesday’s RBNZ meeting.

Banks given the thumbs down by their customers

Banks given the thumbs down by their customers

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.

Xceda adds an experienced business manager

Xceda adds an experienced business manager

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.

OCR increases should start sooner rather than later

OCR increases should start sooner rather than later

Friday, May 15th 2026

ASB’s economists are favouring OCR hikes to start in July while Westpac thinks September is the right time.

Basecorp secures more funding

Basecorp secures more funding

Thursday, May 14th 2026

Basecorp has closed out another securitisation programme raising funds for future lending.

First home buyers continue leaping into the housing and mortgage markets

First home buyers continue leaping into the housing and mortgage markets

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.

Banks spend big for little gain

Banks spend big for little gain

Friday, May 08th 2026

Cashback campaign cost banks millions for little change in mortgage customer share

Non-bank lending balloons

Non-bank lending balloons

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.

Westpac accelerates home lending and adviser-originated loans

Westpac accelerates home lending and adviser-originated loans

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