Wednesday, April 24th 2024
CCCFA changes not a complete panacea
Unwinding the impact of all the 2021 CCCFA changes probably won’t happen, says David Cunningham, Squirrel Mortgage chief executive.
News > News
Wednesday, April 24th 2024
Unwinding the impact of all the 2021 CCCFA changes probably won’t happen, says David Cunningham, Squirrel Mortgage chief executive.
Tuesday, April 23rd 2024
Short term fixed rate loans surged in the first few months of the year.
Monday, April 22nd 2024
Vega Mortgages is joining forces with the nation’s newest aggregator Finsure
Monday, April 22nd 2024
The dumping of 11 pages of overly prescriptive affordability regulations under the CCCFA are a welcome return to common sense, the Financial Services Federation (FSF) says.
Monday, April 22nd 2024
Climate-related risks need to be actively managed to protect the resilience of the financial system to other shocks, the Reserve Bank’s 2023 climate stress test has found.
Monday, April 22nd 2024
Ministers have, over the weekend, announced their first changes to CCCFA.
Thursday, April 18th 2024
High and persistent domestic inflation will dampen Reserve Bank enthusiasm for OCR, and subsequently, interest rate cuts any time soon.
Wednesday, April 17th 2024
The Finance and Mortgage Advisers Association of NZ opens its door to advisers and spells out its proposition.
Tuesday, April 16th 2024
The latest Reserve Bank figures show 59% of existing mortgages will move onto higher interest rates in the next 12 months.
Monday, April 15th 2024
As the cost of living crisis bites, disputes have risen by 36% and complaints to Financial Services Complaints Ltd (FSCL), a free financial ombudsman service, have risen by 17% .
Friday, April 12th 2024
The mortgage advisory industry is putting in a concerted effort to educate the Commerce Commission that it's views of their role and motivations is plain wrong.
Thursday, April 11th 2024
People Group has sold its Mortgage People trail book to Mortgage Lab.
Thursday, April 11th 2024
ANZ chief economist Sharon Zollner continues to expect no official cash rate (OCR) cuts this year but other economists, including BNZ's Doug Steel and Kiwibank's Jarrod Kerr and ASB's Mark Smith, expect one cut late this year.
Wednesday, April 10th 2024
The Monetary Policy Committee today agreed to leave the Official Cash Rate (OCR) at 5.50 percent.
Wednesday, April 10th 2024
Squirrel CEO, David Cunningham, says it's time to start the monetary policy easing cycle otherwise monetary conditions will continue to tighten due to the lagged effect of monetary policy.
Monday, April 08th 2024
The FMA’s proposed fair outcomes guidance risks becoming another Credit Contracts and Consumer Finance Act situation, says the Boutique Investment Group.
Monday, April 08th 2024
As more small Kiwi businesses fall behind on debt payments they are being reminded to seek advice before applying for loans as the protections under the CCCFA only apply to consumer loans.
Friday, April 05th 2024
After many months of fast and furious rate hikes, the next chapter of monetary policy is upon us: rate cuts. But the question is, who will be the first to turn the page?
Thursday, April 04th 2024
Although the country is in a technical recession, credit data trends show a mixed bag.
Wednesday, April 03rd 2024
Distressed housing loans are continuing to rise, February’s monthly figures from the Reserve Bank show, while across the banking system impaired loans have topped $4 billion as the economy worsens.
Tuesday, April 02nd 2024
The vexed issue of clawbacks might form part of the industry meeting with the Commerce Commission over remarks that have rubbed mortgage advisers up the wrong way.
SBS FirstHome Combo | 6.74 |
Heartland Bank - Online | 6.89 |
Wairarapa Building Society | 6.95 |
Unity | 6.99 |
Co-operative Bank - First Home Special | 7.04 |
ICBC | 7.05 |
China Construction Bank | 7.09 |
BNZ - Classic | 7.24 |
ASB Bank | 7.24 |
ANZ Special | 7.24 |
TSB Special | 7.24 |
Unity First Home Buyer special | 6.45 |
Heartland Bank - Online | 6.55 |
SBS Bank Special | 6.69 |
TSB Special | 6.75 |
Westpac Special | 6.75 |
China Construction Bank | 6.75 |
ICBC | 6.75 |
AIA - Go Home Loans | 6.75 |
ASB Bank | 6.75 |
Unity | 6.79 |
Co-operative Bank - Owner Occ | 6.79 |
SBS Bank Special | 6.19 |
ASB Bank | 6.39 |
Westpac Special | 6.39 |
AIA - Go Home Loans | 6.39 |
China Construction Bank | 6.40 |
ICBC | 6.49 |
Kiwibank Special | 6.55 |
BNZ - Classic | 6.55 |
Co-operative Bank - Owner Occ | 6.55 |
TSB Special | 6.59 |
SBS Bank | 6.79 |
SBS FirstHome Combo | 6.19 |
AIA - Back My Build | 6.19 |
ANZ Blueprint to Build | 7.39 |
Credit Union Auckland | 7.70 |
ICBC | 7.85 |
Heartland Bank - Online | 7.99 |
Pepper Money Essential | 8.29 |
Co-operative Bank - Owner Occ | 8.40 |
Co-operative Bank - Standard | 8.40 |
First Credit Union Standard | 8.50 |
Kiwibank | 8.50 |