Leading New Zealand mortgage brokers have voiced their concerns about tightening restrictions on interest-only loans, as Australian lenders clamp down on the products.

New Zealand’s small banks increased their lending at higher growth rates than the major banks in the three months to December, according to a new report from KPMG.

Lender believes housing plans will slow spending and economic growth

Credit union NZCU Baywide has launched a new technology system across its branch and online banking network.

Outgoing Grant Spencer calls debt servicing ratios “natural complement” to existing system

Economists at Kiwibank have revised their forecast for the Reserve Bank’s OCR rate hike, changing their prediction from November this year to May 2019.

Top economists say rate could rise in November — or be cut this year.

HSBC has launched a market-leading headline rate but limited cashback component, say brokers.

Australian specialist lender Bluestone takes first steps back in New Zealand, lending to credit impaired and self-employed borrowers and targeting property investors.

Bank believes fraudsters will make it tougher for Kiwis to take out mortgages

Equity release specialist Heartland Bank, believes older population is turning to equity release for retirement income, and hopes NZ adviser market will help raise profile of reverse mortgages

A NZX-listed trading house with links to the old NZ Finance begins lending in New Zealand, particularly on Auckland residential properties.