New aggregator Kiwi Adviser Network has secured the membership of two experienced NZFSG advisers as it looks to take on the bigger groups in the market.

A mortgage adviser has been forced to drop their request for a commission clawback following a dispute involving FSCL.

Challenger bank SBS Group is planning to launch a new loan product for first home buyers as market forces make getting on the property ladder more difficult.

Mortgage adviser clients are choosing three-year fixed mortgages in anticipation of rising interest rates, according to a new survey. 

The home lending market remains red hot months on from the Government's housing market reforms, with June lending surpassing $8.5 billion.

SME lending specialist Prospa has recorded a surge in loan originations as more small businesses look to alternative lending channels.

Amid unprecedented challenges, the valuation industry has been forced to adapt its traditional operating model and take on some new ideas.

Investors with one or two properties are bearing the brunt of the Government's housing market reforms, according to mortgage advisers.

Kiwibank has slashed its two-year fixed mortgage by six basis points but has raised its variable rate, revolving credit rate, and 1,3,4, and 5 year terms.

ANZ, BNZ and Westpac have followed ASB in hiking short and long-term mortgage rates as home loans move up from record lows.

Economists predict the Reserve Bank will soon opt to lift the official cash rate as inflationary pressures grow.

Economists say the official cash rate will remain on hold this week, but believe the Reserve Bank could give a signal on imminent rate increases.