ANZ National Bank has assured the New Zealand Mortgage Brokers Association (NZMBA) that it doesn’t intend to make any changes to the way it remunerates mortgage brokers before the new year and that it will consult with "industry stakeholders" before making any changes.

Economists expect Reserve Bank governor Alan Bollard will leave interest rates unchanged when he releases his latest monetary policy statement on Thursday.

Most of the noise and froth in the mortgage market at the moment is around deeply discounted two-year fixed rate but is accepting that rate at the moment the best option for consumers?

The mostly Australia-based non-bank lenders are starting to gain traction in the New Zealand market as the recent rash of issues of residential mortgage-backed securities (RMBS) shows.

The government-owned Kiwibank has chosen not to participate in the pricing war in the home loans market which has seen the major banks slash their profit margins to the bone.

If Westpac’s economists are right, those interested in what’s happening to house prices ought to be keeping a close eye on the New Zealand dollar.

Figures on Superbank’s progress revealed by its Australian parent St George Bank at a press conference in Sydney last week suggest a definite appetite for alternatives to the main stream banks.

ASB Bank’s latest survey of housing confidence suggests that while the housing market is slowing, steep declines in house prices are unlikely.

It seems Bank of New Zealand has started a trend because now another bank is advertising that it doesn’t deal with mortgage brokers.

Superbank takes a punt floating rates won't rise much more.

The consumer finance arm of General Electric, GE Money, is to pay something over $A400 million ($NZ433.4 million) for Australian Financial Investment Group whose subsidiaries include retailer Wizard Home Loans and wholesale mortgage funder AMS.

While Reserve Bank governor Alan Bollard raised interest rates this morning, as everyone expected, he surprised the market with his surprisingly dovish rhetoric.

An interest rate rise this week is as much of a dead certainty as you can get in the money markets.

A number of mortgage brokers are convinced that Southland Building Society (SBS) charges their clients a fee for home loans that it wouldn’t charge customers who approach the building society directly, but SBS insists this isn’t the case.

ASB Bank continued to be the major winner in the mortgage market in the June quarter, grabbing 35.9% of the $3.26 billion in net new mortgages written in the quarter.

A new organisation to represent finance brokers is in the throes of being born.