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?
?
Tip’s For Shopping For The Best Mortgage Rates
When you find a house you want to buy, or when you are refinancing your mortgage your impulse may be to move quickly to lock in a mortgage rate — especially in a competitive market like…
Sovereign Home Loans Provide Better Home Loan Rates
Most major banks have a “standard interest rate” and a “special interest rate” with the special home loan rates only being available to people that have more than 20% equity or deposit. If you have less…
Six Good Ways That Help Kiwis Save More For Your Deposit
Save more for your deposit … yes, that is what you may have been told. But as we know saving a deposit for your first home is not easy, and in the cities where houses are…
A Fast Home Loan Pre Approval Might Not Be Best
Everyone wants a fast home loan pre approval, but that doesn’t mean that you are getting the best home loan,and often it can mean the opposite! Often people think that all home loan are the same…
Co-Ownership Helps First Home Owners Get A Foot On The Property Ladder
First home buyers have struggled for years to get onto the property ladder, but now with co-ownership there is another way. Over the years in New Zealand parents have helped their children to buy their first…
How To Save $50,000 When You Refix A Home Loan
Today we arranged to refix a home loan and managed to also show Stephanie how she could save $50,000 How Simple Is This… Stephanie had a home loan of about $360,000 and was paying $1,975 monthly….
Some Relief Ahead With LVR Restrictions Removed
Many people have already started to ask what it means to have the LVR restrictions removed… and given the current economic environment it’s a very good question. So what does it really mean? Stuart Wills, Auckland Mortgage Broker My name is Stuart Wills and as an Auckland mortgage broker I’ve seen first hand how difficult it is for first home buyers to get onto the…
Learn The Mortgage Trick To Paying Off Your Home Loan
Over the years as a mortgage adviser I’ve seen advertisements and articles about “the mortgage trick” … that there is some magical trick or secret that the banks are hiding from you. But as you may…
Should Switching Banks Be Your New Years Resolution?
New Years resolutions are meant to make a positive difference to your life so when you consider your finances switching banks may be the best decision that you can make. Switching banks may seem like a…
See How James Is Paying Off His Mortgage Faster
With home loan interest rates at all time low’s there is an opportunity to pay off your mortgage faster and without any pain. This week we worked with James and showed him and his wife how…
