New home loan tendering service Loan Surf catches its first waves.

Belgrave Finance is aiming to capture more conservative investors in the wake of the collapses of four finance companies with the launch of a new product shortly.

Australia continues to be the lucky country but the New Zealand economy is in for a tough time,  according to British-based economist Andrew Hunt.

Equitable Mortgages has already raised $14 million through its latest prospectus and has therefore cut the interest rate it is offering to limit its funds inflow.