“If you can’t insure a property, you can’t get a mortgage”
Manger says clients often underestimate a broker’s true level of expertise
He says historic low interest rates will put pressure on fixed incomes
The Reserve Bank has published its June OCR decision
Who settled the most residential loans over 12 months?
The FMA and RBNZ have received banks’ responses to last year’s conduct and culture review
Some pre-approved applicants have been able to gather deposits of $600,000+
"Persistent weaknesses" in the bank’s processes have been highlighted
RBNZ once again defies expectations with decision
“A lot of bankers become brokers, but I’m now fortunate to take it another step”
It has brought in a new expert to oversee preparations