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.

The latest housing consents figures appear to confirm other indicators that the market remains robust.

ANZ Bank is cutting ties with brokers who write insufficient business for the bank or provide poor quality applications.

BNZ's withdrawal from mortgage broker market may signal bigger changes for the industry.

Not only do the latest housing market figures show no signs of the traditional winter slowdown, but the number of house sales in May totaled an unprecedented 11,158.

Mike Pero didn’t intend buying back the 50% of the nationwide mortgage broking firm he didn’t own. Rather he and fellow shareholder South Canterbury Finance intended selling the business to a third party.

Jenny Ruth looks at what the possible sale of the National Bank means for mortgage brokers.

The Mortgage Industry Association of Australia is about to introduce a new disciplinary process for its members which will give it the power to censure, suspend and expel any members who don’t comply with the standards set by its code of conduct.

The latest housing consent figures once again show huge swings in approvals for apartments, but they also show, for once, that the number of consents excluding apartments are also down.

An interest rate cut is almost definite this week, however economists are divided on whether it will be a 25 or 50 basis point cut.

HSBC says its five-year alliance to sell mortgages through the AMP Adviser channel won't alter its existing arrangements with brokers.

The latest Quotable Value figures provide further proof of just how buoyant the housing market is.