Mortgage bankers Cairns Lockie says although there is a place for contributory mortgages, it's pulling out of that area.

Mortgage broking has grown rapidly as an industry and is now at a key junction in determining its future.

It’s time for lenders to insist that the mortgage brokers they deal with are members of the New Zealand Mortgage Brokers Association, says association chairman Brian Berry.

The government’s plan to assist first-home buyers into their own homes has proved to be far more benign in terms of its economic and housing market impact than many had feared, although it still has its critics.

Latest housing consent figures show the housing boom continues somewhat unabated.

Wizard's home loan spell produces different results to the banks' one.

Reserve Bank governor Alan Bollard chose the conservative route in cutting the official cash rate (OCR) from 5.25% to 5% today, ignoring pleas for a larger cut.

Reserve Bank governor Alan Bollard chose the conservative route in cutting the official cash rate (OCR) from 5.25% to 5% today, ignoring pleas for a larger cut.

Winter at last had an impact on the housing market in June, although the dampening was mild by any standard.

Both economists and the wholesale interest rates market are convinced the Reserve Bank will cut its Official Cash Rate (OCR) again at its next review on Thursday.

A rap over the knuckles from the Commerce Commission for misleading advertising is embarrassing for any company, but its doubly embarrassing for a company which has campaigned against the very offence one of its licencees has been found guilty of.

Too many mortgage brokers are expecting to be paid even when they aren’t adding value to both the lenders and the customers, Mortgage Choice's Miranda Caird says.

Massey University property expert Graham Crews says the housing market is abnormal at the moment.

The housing market is close to reaching the final stage of the current boom cycle, but it’s likely to get much hotter yet before it finally cools, according to Kieran Trass at Hybrid Consulting.

Current brokerage levels on mortgages will only stay at their current levels if brokers pick up their game, NZ Mortgage Brokers Association chairman Brian Berry says.

Current brokerage levels on mortgages will only stay at their current levels if brokers pick up their game, NZ Mortgage Brokers Association chairman Brian Berry says.