Edge Mortgages

ANZ lifts home loan stress testing rate to 7.6%

The move will further shrink buyer pool and reduce house prices, broker says

RBNZ releases latest data on borrowing activity

Data released a few months after new housing reforms and LVR reinstatement

Small property investors retreat from New Zealand housing market

Mortgage advisers note concerning changes in investor loans

ASB eases lending criteria

Environment remains tight due to the COVID-19 pandemic

Banks tighten lending criteria for new borrowers

They are focusing on existing customers and processing hardship and deferral requests

Advisers call for lower servicing test rates

The gap between market rates and banks' servicing test rates continues to widen

Borrowers eager to break fixed-term home loans

Advisers warn about break fees

Advisers prepare to return to the office

Businesses can reopen under alert level 2 lockdown, provided that they follow social distancing and strict hygiene standards

Coronavirus: Advisers change business models

Advisers reminded to monitor cash flow closely

Advisers call for servicing test changes

They believe banks' tests are out of step with current mortgage rates