Interest rates expected to rise at a much faster pace
Further interest rate rises look likely over coming weeks, economist Tony Alexander says.
Last week most of the major banks increased their long-term interest rates as wholesale rates have been rising.
The rising wholesale rates have reduced bank margins for fixed rate lending.
“It looks like the five-year rate which previously sat around 5.29% is going back to sit 0.1% to 0.2% above the 5.49% level it was at up until about three weeks ago, Alexander...MORE»
Another dealer group gets a new CEOThursday, March 19th, 7:49PM 1 comment
The Kiwi Adviser Network (KAN) has appointed Warwick Slow as its new chief executive. MORE» |
Where to for mortgage advisers?Monday, March 16th, 10:24AM 3 comments
Pivot will be the key word for the mortgage industry this year. MORE» |
Baden Martin lands new gig at non-bank lender
Baden Martin takes on General Manager role at non-bank lender.
MORE»Basecorp positioning as a one stop shop for advisers
The non-bank lender has spent the past couple of years broadening its product range and finished last year with a mortgage book of about $1.15 billion.
MORE»Rising sophisticated cyber attacks aimed at advisers
Advisers are being urged to be on heightened alert after a sharp increase in hard to spot malicious email activity.
MORE»Innovation with intention: Technology built for advisers
AdviceLink was built to support advisers in delivering great advice, right across the industry. Yet there’s still a common perception that it’s just an internal CRM tool for LFG and NZHL—our sister companies. That’s understandable, but it’s no longer accurate.
MORE»Kiwibank, ASB gain in 2025's mortgage wars while ANZ loses
As the first-half results from Kiwibank and ASB Bank suggested, both gained significant mortgage market share through calendar 2025, while New Zealand’s largest bank was the biggest loser.
MORE»