Mortgage advisers say borrowers should be aware of and understand mortgage affordability “test rates” rather than being kept in the dark.
A non-major has raised its industry leading low rate for one year fixed home loans above four per cent.
The insurance sector has called on the government for more transparency in commission and incentive related disclosure to clients but a mortgage adviser says this is needed in the loan writing sector too
Commission for Financial Capability said tactics ranged from emails, letters and phone calls to face-to-face meetings
Almost half of New Zealand businesses do not have cyber insurance in place, report states
NZ dollar dips below 69 US cents as risk appetite, commodity prices fall