Article tagged with 'Mortgage Lending'
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Banks tardy on making changes to clawback policies
01 Sep 2025 - Only one of the major banks appears to have made changes to its clawback policy despite it being one of the 14 recommendations in last year’s Commerce Commission’s report into retail banking competition the Government is implementing.
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Overseas expansion and name change
21 Aug 2025 - Well-known Auckland mortgage adviser Jeff Royle has expanded his business to Australia and the UK and is changing its name.
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Record number of deals being done by first home buyers
23 Jul 2025 - Despite mortgage costs being higher than rents first home buyers have taken more than a quarter of all properties bought in the second quarter of the year.
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Problem mortgage stockpile grows
02 May 2025 - While the country’s mortgage stock rose by $1.9 billion in March, the number of problem mortgages also rose by $61 million to $2.4 billion and withdrawals from KiwiSaver on hardship grounds reached a record monthly high.
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Mortgage lending demand rises for first time in four years
28 Apr 2025 - Mortgage demand has increased over the past six months for the first time since 2021.
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Kiwibank, ASB lift mortgage market share, ANZ, Westpac lag
05 Mar 2025 - The Reserve Bank data has confirmed that Kiwibank is lending at more than twice the rate of its share of the mortgage market while ASB continues to make up for share lost in 2023.