Home loans stories
Borrowers could soon compare mortgage offers in one place as the Auckland fintech targets a mid-year launch after years of testing.
BNZ launches Founder Housing to help tech founders in New Zealand buy homes by recognising business growth and backing, not just profit and personal income.
Borrowers face a slower economic recovery, with the Reserve Bank signalling room for further OCR cuts as tariff uncertainty clouds mortgage rates.
Mortgage holders may get further relief early next year, but house prices are likely to rise only modestly as listings and unemployment stay high.
Flat house prices are helping first-home buyers as nationwide values slipped 0.5% in July, the fifth monthly fall in a row.
Borrowers facing repricing will welcome a stable OCR, with the Reserve Bank now signalling cuts may not come until early 2025.
First-home buyers are returning to lenders as looser loan-to-value rules give them more room to qualify for a mortgage.
nCino adds Argyle-powered tool to automate document income checks in its mortgage platform, targeting lenders when data feeds fall short.
Experian and GBG expand their partnership to offer advanced fraud prevention and identity verification across Australia and New Zealand for faster, safer onboarding.
Paul Duggan has been appointed CEO of Money.com.au, succeeding founder Shaun McGowan, and aims to enhance digital access to financial products in Australia.
Compare Club adds HBF, HIF and see-u to its panel, lifting coverage to about 67% of Australia's private health insurance market.
Lendi Group taps MongoDB to rebuild data platform and go fully AI-native by 2026, targeting faster rollout of mortgage and property services.
Wealthfront posts record revenue and assets but plunges to GAAP loss after IPO-linked stock-based pay drives expenses sharply higher.
Lendi Group promotes Devesh Maheshwari to CTO to spearhead its AI-native transformation across Aussie and Lendi brands by mid-2026.
Zara Cobb has been appointed Chief Marketing Officer at Compare Club, bringing over 20 years of marketing expertise across fintech and eCommerce sectors.
CommBank reports a 12% rise in home loan pre-approvals after recent 0.25% rate cuts, driven by heightened buyer confidence across NSW and Queensland.
Experian and Stryd have teamed up to offer Australian mortgage brokers enhanced client insights using open banking data and product pricing.
Hejaz Financial Services has launched Halal Money, Australia's first halal financial app, aiming to meet the needs of Muslim investors with over 15,000 downloads.
ANZ Plus partners with Cashrewards to offer seamless cashback services through its app, aiming to enhance financial benefits and customer convenience.
Jio Financial Services launches the 'JioFinance' app beta, aiming to revolutionise digital banking and financial activities for Indian citizens.