In what is perhaps yet another sign of just how buoyant the housing market, a new form of financing deposits has emerged, the deposit bond or guarantee.

Banks are working on developing systems to allow brokers to lodge mortgage applications online. Jenny Ruth reports.

As the property boom rolls on the provision of non-conforming mortgages has become a more competitive business.

The latest housing consent figures provide yet more evidence of how hot the property market is running.

It is estimated it costs Australian banks about double to process a broker sourced loan than to process one where the customer goes directly to the bank. The situation may be even worse for banks here.

August figures show no let up in the frothy housing market with the national median house price notching up yet another record while volumes were also very strong.

The NZ Mortgage Brokers Association says it wants to go it alone, rather than join up with another advisory association.

The NZ Mortgage Brokers Association says it wants to go it alone, rather than join up with another advisory association.

State-owned Kiwibank appears to be winning the minds of customers and now has a mortgage book of more than $500 million.

Queenstown broker picks up Mortgage Broker of the Year Award.

Mike Pero reckons that the mortgage broking industry should kick start a generic advertising campaign to promote brokers.

An elevator speech leads Mortgage Link on a rebranding mission.

Reserve Bank governor Alan Bollard confirmed expectations by leaving his Official Cash Rate (OCR) unchanged at 5%, highlighting concerns about the buoyant housing market and house price inflation.

One of the major sources of non-bank mortgage finance in New Zealand has been sold.

It is looking far less likely that the Reserve Bank will cut interest rates on Thursday.

For the first time in years, the monthly total of housing consents has fallen below the number granted in the same month a year earlier.