Self-described business coach Shane Wenzel has been sent to jail for three years for mortgage fraud.

ANZ Bank sees no rush of customers to rivals with death of National brand.

Banks are dropping mortgage rates and offering cash sweeteners, loaded credit cards, payment of legal fees and tablet computers as they go to war for customers.

Govt has foiled an alleged BNZ KiwiSaver scheme which would have offered reduced scheme returns in exchange for mortgage benefits.

Outgoing Reserve Bank Governor Alan Bollard has delivered his final Monetary Policy Statement and left the OCR unchanged at a record low of 2.5 per cent.

Home owners with big mortgages can breathe a sign of relief - interest rates seem destined to stay low, despite a springtime house-price surge.

The steady life in sales and prices started in the central Auckland suburbs over a year ago and has now spread across the new supercity. But as Bruce Morris reports, it's still tough going out in the provinces.

Thousands of Kiwis chasing a cut in their home loan interest rate have caused a jam in the banking system.

Mortgage rates have hit rock bottom as banks offer thousands of dollars in cash and slash advertised interest rates in response to pressure from home-buyers for deals.