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.
Pero reclaims business
Mike Pero has bought back the 50% of his business he didn't own.
Tuesday, June 17th 2003, 6:16AM
Mortgage broker Mike Pero has reclaimed full ownership of Mike Pero Mortgages by convincing South Canterbury Finance to sell its stake back to him.
South Canterbury Finance bought half the company in 1996 to help it expand into the North Island, particularly into the Auckland market in 1997.
Pero said that he had wanted to regain full ownership for some time.
Mike Pero Mortgages processes $1 billion of loans annually.
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