Top Lenders Named - RESIMAC Wins Best Specialist Lender!

Auckland, 15 June 2015 by Philip Macalister (TMM - The New Zealand Mortgage Mag)

Top Lenders Named.

Firstly congratulations to the winners of lending awards which where handed out at the PAA conference dinner on Thursday night. Westpac picked up the Lender of the Year Award and its Auckland-based Tania Ropati was named BDM of the Year.

RESIMAC took out the top award for being the best Specialist Lender.

Rookie Broker of the Year award went to Loan Market's Simon Maule and overall Mortgage Adviser of the Year was Paul Fuller.

Last week's surprise Official Cash Rate cut has certainly created a stir. At this stage we have seen floating rate cuts across the board. The one lender which stands out as not cutting its rates so far is SBS. That's a bit of a surprise as the bank is normally super competitive on pricing.  

We have this cool little tool where we can graph the yield curve comparing various lenders. Check out this article to get a fix on the range of pricing. There are a couple of surprises.


INTEREST
RATE (P.A.)
.30%
5
STANDARD
LOAN
.80%
5
LOW DOC LOAN

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