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21 Aug 2025

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The Great Refix: How to save thousands in NZ’s $200b mortgage shuffle
Opinion: If your mortgage is due for a rate reset soon, this isn’t just another OCR cut headline - this is your money, your home, and your financial future.

More mortgage loans tip into non-performing group
While interest rates have been dropping, the decline has not been enough to stop nearly $2.5 billion in residential mortgage loans slipping into the non-performing category.

Bank-hopping among mortgage holders hits record high as loan terms remain short
Broker warns borrowers often realise the grass isn't always greener on the other side.

Export prices and interest rates ‘help cement economic recovery in 2026’
Infometrics forecasts 2 per cent annual GDP growth by late 2026, with agriculture and falling mortgage costs playing key roles.

Afterburner AI cuts paperwork, streamlines mortgage advice process
With upcoming Afterburner tech, the founders’ business, Float Mortgages, will be able to process up to three times the mortgage applications in half the time, they say.

New record for low equity loans
Mortgage lending in May was back to March levels at $8.6 billion after taking a dip in April. Two years ago, that figure was $5.8 billion.

Call for expected next OCR cut to be delayed
While lower mortgage interest rates are allowing more first home buyers to get into the market, ASB says there is a case for holding a predicted further interest rate cut in July.

Short term mortgage fix still an appealing decision
Fixing mortgages for six months is still an attractive option compared to floating rates for borrowers, ANZ says in its latest Property Focus.

Longer mortgage terms favoured as OCR drops
One-year fixed term mortgages became the overwhelming choice for home buyers in June.

Better path needed for new mortgage advisers
Higher qualifications and standards across the board are needed for advisers coming into the mortgage industry, says Matthieu Olo-Whaanga of Tasman Finance Partners.

Mortgage fraud red flags outlined
There has been an increase in suspected mortgage fraud being reported to the FMA.

Borrowers’ switcheroo reaches new record
Mortgage holders switching lenders has reached a new high – up 30% during June.

Surge in complaints against advisers
Complaints about mortgage, insurance and wealth advisers made up the largest number of cases investigated by Financial Services Complaints Ltd (FSCL) in the year to the end of last month.

Mortgage arrears still challenging
Data from credit bureau Centrix and the RBNZ show different pictures for mortgage arrears.

Little growth for the rest of this year expected
Advisers already under pressure over bank turnaround times and the rising number of mortgage applications can expect more of the same as house prices flatten.

NZFSG teams up with Cotality
NZFSG and Cotality (formerly Core Logic) partner to empower mortgage advisers with industry-leading property data and insights.

NZFSG upgrades its CRM
NZ Financial Services Group has launched a new workflow tool, Deal Board, in its CRM that gives mortgage advisers a clear, customisable, real-time view of their loan pipelines — streamlining processes, cutting admin time, and helping businesses stay one step ahead.

Mortgage arrears falling but hardships up
The number of home owners with their mortgages in arrears is dropping.