Mortgage Rates Daily Commentary
Wednesday 1 April 2026
Big newsletter today: Top mortgage advisers; BNZ's new switching play; KAN dobs in adviser to FMA
With so much going on this is a much bigger newsletter than usual.
First up a big congrats to Josh Bronkhorst for being recognised by FANZ for his long involvement with financial advisers and helping to grow professionalism in the industry.
Also a shoutout to NZFSG/Loan Market for their work in community support.
You can read more about their awards and others who were recognised at last week's FANZ conference here.
BNZ has started a new game to win mortgage switches. We'd love to know you thoughts on this.
Read the story here.
Send us an email here.
The FMA has cancelled the FAP Licence of a mortgage adviser after being dobbed in by KAN. See what he did here.
Mortgage borrowing strong
Friday, July 5th 2002, 12:18AM
by Jenny Ruth
Mortgage borrowing remained strong in May with an additional $600 million borrowed, bringing the total owed on housing to $70.62 billion, the latest Reserve Bank figures show.
May’s mortgage borrowing total was 8.2% higher than the $65.28 billion owed on housing in May last year.
The figures show the year-on-year percentage increases have been steadily accelerating from the 5.6% increase in April last year from April 2000.
The latest increase represents a further acceleration from the 7.9% increase in April compared with April last year.
Total household indebtedness in May was $77.74 billion, up from $77.18 billion in April and $71.88 billion in May last year.
Commenting is closed
