Category: Industry News

Specialist lending supports sustainable adviser businesses The non-bank sector is on the move. As an adviser, you would have noticed the growth over the past few years, and the trend is continuing in 2018. We spoke to TMM last week about RESIMAC’s growth – 30% increase in applications and 35% increase in settlements (July 2017 […]

We have seen the OCR drop this year and some banks have responded by decreasing their floating rate slightly but with most increasing the 2-5 year fixed rates. This has left many people wondering what mortgage rates will do. At iLender, our mortgage brokers predict rates will move upwards in 2017, but not by much. […]

In an effort to slow down the highly charged property market, particularly in Auckland, the Reserve Bank has introduced certain restrictions around Bank property lending. These restrictions have caused uncertainty, decreased competition at auctions and have meant investors are buying in other areas such as Hamilton, Tauranga and Whangarei. Both rental property investors and owner-occupier […]