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15 Jun 2024 9:36
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      Home > News > Business

    Do mortgage advisors need more regulation - alongside a Commerce Commission bid to make it easier to take out a home loan?

    Do mortgage advisors need more regulation - alongside a Commerce Commission bid to make it easier to take out a home loan?


    Discussions at a banking conference centred on concerns brokers don't encourage mortgage rate competition.

    Simplicity CEO, Sam Stubbs, says they provide a valuable service, but commissions are a worry.

    He says the Commerce Commission is concerned brokers may be trying maximise their commission.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     14 Jun: Violent clashes in Buenos Aires as Argentina's President Javier Milei narrowly wins vote on radical economic reforms
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     14 Jun: It keeps getting harder to find a job
     14 Jun: Ongoing industrial action is expected to affect those heading to tonight's Blues vs Brumbies Super Rugby semi-final at Auckland's Eden Park
     13 Jun: The decline in gas supply has led to production cuts and a 99-percent increase in coal-generated electricity - according to MBIE
     13 Jun: An Auckland public official accused of awarding millions of dollars in public contracts for bribes is pleading not guilty
     Top Stories

    RUGBY RUGBY
    Skipper Dalton Papali'i is allaying fears over his health after leaving the field late in the Blues' 34-20 Super Rugby semifinal victory over the Brumbies in Auckland More...

    BUSINESS BUSINESS
    Violent clashes in Buenos Aires as Argentina's President Javier Milei narrowly wins vote on radical economic reforms More...


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     Law and Order:
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     Rugby:
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     Soccer:
    Germany are 3-nil up over Scotland at halftime in the Euro football tournament opener in Munich 7:57

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