What do you want from a finance blog?
We’re guessing that you want good information about all things finance related.
That’s what we have been told, and therefore we do our best to provide updates on a wide range of topics. We help a lot of first home buyers and have New Zealand’s most popular Facebook Group dedicated to them. We also deal a lot with new build finance and non-bank finance as well as the major banks.
We also like to add some stories too as these often help explain how our mortgage advisers can help.
Finally with lower home loan rates expected the banks are lowering the test rates. Another sign they expect lower rates soon.
The US Federal Reserve may signal later this week that interest rate cuts are on the way. That could be good news for mortgage rates here in New Zealand.
Would you buy at a mortgagee sale?
Is the reward going to compensate for the risk?
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Getting Lower Westpac Interest Rates
As mortgage brokers we can arrange home loans with most banks and non-bank lenders including Westpac, but we also can help people negotiate interest rates when their fixed rates are about to finish and today we…
How To Choose The Best Home Loan
Today I had a lady visit the office to discuss how I could help her get the lowest home loan interest rates, but the conversation focused on how to choose the best home loan which is…
How Easy Is Building A New Home?
There is a shortage of properties for sale and many of those that are for sale are being sold at auction which is more difficult for some buyers, therefore it is not surprising that more people…
A Bad Credit Report Shouldn’t Stop You Getting A Home Loan
Getting a home loan when you have a bad credit report is not going to be as easy as it would be if your credit report was clear, but it does not mean that you cannot get…
Should I Wait For Home Loan Rates To Drop? And Why To Speak To A Mortgage Broker
As a mortgage broker I get asked all the time if it is better to wait for home loan rates to drop, or is it better to just refix my loans on the rates offered today….
Is Auckland House Price Inflation A Bad Thing?
If you listen to any media you would think that Auckland house price inflation is a bad thing for everyone … but is it? The Cause: Demand Out-Stripping Supply Most people understand that Auckland house prices are…
The Lesson We Learn From The Block 2016
In life we observe and learn lessons from what we see, and The Block 2016 definitely showed us a lot of things to do, but also provides a lesson or two as well. Profits Increase On…
Which Banks Are Offering The Lowest Home Loan Rates?
We all want to know which bank is offering the lowest home loan rates. As reported yesterday in our finance blog The Reserve Bank cut the OCR by 0.25% and we said that we would expect…
The Reserve Bank Drops OCR Today
Today as predicted The Reserve Bank drops the OCR (Official Cash Rate) and it may not be the last time this year either. Statement by Reserve Bank Governor Graeme Wheeler said; Monetary policy will continue to be…
Tower Have Full Replacement House Insurance For Fire!
Who offers full replacement house insurance for fire? Tower say they listened to the people of New Zealand about the concerns regarding the uncertainty of house insurance and looked at what they could do to ensure…
Trivia You Need To Know About The Rio Olympics 2016
If you want to learn some trivia that you can share about the Rio Olympics, then the team at The Mortgage Supply Company have put together a few interesting and a few bizarre facts that will add…
Will Mortgage Interest Rates Drop This Week?
Anyone with a home loan that is currently on a floating rate or about to end a fixed term will be interested to know if they should hold off to see if mortgage interest rates will…
Changes Announced To The HomeStart Grants
Changes to HomeStart Grants (from 1st August 2016) Building and Housing minister Nick Smith said the government would increase income and house price caps on the KiwiSaver HomeStart Grants scheme to ensure it was helping people…
Good New Zealand Mortgage Brokers Help Real Estate Agents
With all of the new rules being introduced there has become a demand for good New Zealand mortgage brokers to help real estate agents and their buyers cut through the various rules and bank policies to ensure…
The New Build Exemption & How It Applies To Property Investors
Since the introduction of the bigger deposit requirement for property investors we have fielded a number of questions about the new build exemption and how it applies to a property investor. It is confusing… there are…
You Can Still Get A Home With A 10% Deposit
Did you know you can still get a home with a 10% deposit? There have been a lot of mixed messages in the media recently and many of the banks are telling people that you cannot…
The Mortgage Supply Team Still Doing 80% Loans For Rental Properties
The Mortgage Supply team is still doing 80% loans for rental properties! It is true that The Reserve Bank is introducing new rules for the banks that will limit the borrowing to 60% on rental properties, but…
Non-Banks Thrive With Property Investment Loans
This week The Reserve Bank has introduced new lending rules that make it harder for many Kiwis to get property investment loans from the banks, but non-bank lenders will be ready to help out through the…
New Lending Restrictions Announced Today
Are the new lending restrictions announced today finalised? The NZ Herald today has announced that The Reserve Bank Governor Graeme Wheeler has outlined the new rules and told banks they will be expected to act immediately in…
Efforts Being Made To Fix The Housing Problem
Yes, most people agree there is a housing problem but there is a lot of “blame” going on and people suggesting ways to fix the housing problem too. It is the first home buyers that are…
