GoodReturns | NZ’s financial adviser news-item centre

Low house prices and deposits help first home buyers

The increasing number of low deposit mortgages being lent to first home buyers has been borne out by the latest CoreLogic research.

Thu, May 9th 2024 09:37AM

Insurance affordability relies on deeper understanding of hazards

5 min read

Would-be scammer convicted after running one of biggest pyramid schemes in NZ

3 min read

Financial complaints rise as cost-of-living pressures continue

6 min read

Mortgage Lab buys new trail book

People Group has sold its Mortgage People trail book to Mortgage Lab.

4 min read

Improvement in arrears but trough still to come

Although the country is in a technical recession, credit data trends show a mixed bag.

3 min read

Improvement in arrears but trough still to come

Clawbacks could sneak onto ComCom agenda

The vexed issue of clawbacks might form part of the industry meeting with the Commerce Commission over remarks that have rubbed mortgage advisers up the wrong way.

3 min read

Clawbacks could sneak onto ComCom agenda

Pain for gain

Existing economic pain will ultimately be good news for mortgage borrowers, says Squirrel Mortgages founder John Bolton.

2 min read

Potential FAMNZ members in waiting game

Despite the Finance & Mortgage Advisers Association NZ (FAMNZ) setting up in Auckland in early February, it won’t be taking membership applications until next month.

2 min read

Mortage advisers get the ear of Com Com

Mortgage adviser Jeff Royle’s sounding-off about the Commerce Commission dropping a “bombshell” on the industry has got its attention.

3 min read

A better investment market

“Reinstatement of interest deductibility starting from the new tax year on 1 April brings property investors back in line with every other business in the country, where interest costs are a legitimate deductible expense," Tim Horsbrugh, New Zealand Property Investors Federation (NZPIF) executive committee member says.

1 min read

Interest rate expectations: It’s not over yet

Most Kiwis think interest rate increases have peaked.

3 min read

Interest rate expectations: It’s not over yet

RBNZ cries wolf – Kiwibank

Economists will be keeping their eyes on today’s release of the RBNZ’s survey of inflation expectations as financial markets price in an OCR rise either this month or April.

3 min read

Non-bank lenders a pimple on the backside of the market

Fears by the main trading banks about losing customers to non-bank lenders if DTIs are introduced are rubbish, says John Bolton, Squirrel Mortgages’ founder.

6 min read

Non-bank lenders a pimple on the backside of the market

DTIs will have no significant impact on house prices immediately

The Reserve Bank doesn't expect its proposed DTI restrictions to have a significant impact on house prices in the short-term.

4 min read

DTIs will have no significant impact on house prices immediately

Banks could be better at streamlining processes

Open banking can’t come soon enough for mortgage adviser, said AdviceHQ director David Green.

3 min read

Banks could be better at streamlining processes

Call on OCR cuts but no warning expected from RBNZ

ANZ expects the RBNZ to start cutting the OCR in August.

4 min read

Call on OCR cuts but no warning expected from RBNZ

DTIs on investment property don’t make sense

As experts expect property prices to rise between 5-10% this year, the biggest dampener will be debt-to-income (DTI) ratios if introduced towards the middle of the year.

3 min read

DTIs on investment property don’t make sense

RBNZ to give surprisingly early steer on economy

A steer on the state of the economy and the start of OCR cuts could be on the cards for Reserve Bank chief economist Paul Conway’s speech on Tuesday 30 January.

3 min read