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?
?
Mortgage Experts Discuss Revolving Credit Mortgages
Revolving credit mortgages are flexible loans like an overdraft which is secured over your property. Our mortgage experts discuss how to get the best from a revolving credit mortgage. What Is A Revolving Credit Mortgage? The…
Paying Your Home Loan Off Faster Just Got Easier
It’s great to know that one bank makes paying your home loan off faster an easier option. But is this the bank that you have your home loan with? Do you want to check which bank…
Getting A Home Loan With A 5% Deposit
Let’s look at getting a home loan with 5% deposit. As mortgage brokers we are often asked what deposit is needed for a home loan. The New Zealand banks are restricted by Reserve Bank rules (LVR…
Switch Banks & Pay Your Mortgage Off Faster
Have you heard people telling you this … switch banks and pay your home loan off faster. Do you have to switch banks? How do you pay your home loan off faster? As mortgage advisers we…
Are You Considering Having A Flatmate Or Boarder?
Having a good flatmate or boarder can provide both company and a few extra dollars. Personally when I purchased my first home I had four flatmates just so I could pay the mortgage, but we also…
One Bank Makes It Easy To Pay Your Home Loan Off Quicker
It’s great to know that one bank makes it easy to pay your home loan off quicker. But is this the bank that you have your home loan with? Do you want to check which bank…
Daffodils & Lambs Are The Signs Of A Kiwi Spring
As Kiwis we think of daffodils and lambs as the iconic signs of Spring. But why should we think of these two things as Kiwi icons when neither daffodils or lambs are native to New Zealand….
Spring Clean On A Budget
It’s that time of the year … Spring. In New Zealand we believe that Spring means more hours of sunlight, lambs bouncing in the paddocks and daffodils too. What it also means is getting out the…
Try Again Now For Your Mortgage Approval
You may have recently tried for your mortgage approval and been told that it doesn’t quite work. Of course that’s not the news that you wanted, but maybe it’s time to try again. Why It’s Now…
KiwiBuild Arrives In Hobsonville Point
We now have some KiwiBuild homes available in Hobsonville Point. While Hobsonville Point was the birthplace of the affordable home concept with AXIS Homes, this week we have seen the first of the KiwiBuild homes be…
The Three Biggest Challenges For First Home Buyers
The media are saying that the cooling property market is making it easier for first home buyers but it is still not easy. There are some major hurdles and as mortgage brokers we wanted to look…
Don’t Wait Until Your Fixed Term Ends – Review Your Home Loan Now
Yes, you can and should review your home loan now. What do we mean… don’t wait until your fixed term ends. Most people will have their home loan fixed and will wait for the fixed term…
Banks Perform Badly For Giving Financial Advice
It’s not often that New Zealand banks get independently rated for customer satisfaction. Recently there has been a lot of publicity about the conduct and culture with the banks so it was good to see the…
We Arrange Sensible Debt Consolidation Loans
Today we felt compelled to post about sensible debt consolidation loans. Why? Because today we were putting together a debt consolidation loan application and saw one of the highest interest rate charges that we have seen…
Paying Westpac Break Fees To Get Lower Home Loan Rates
Today we were contacted by Chris who has a Westpac mortgage with a loan balance of $979,815 The interest rate they were paying today was 4.80% and it is fixed until 24/10/2019 (6-months remaining) but Chris wanted…
Think Carefully Before Fixing Your Mortgage
Home loan interest rates in New Zealand are at historically low levels and these rates and fixing your mortgage seems like an attractive option. But a huge number of Kiwis are looking at fixing their loans…
Sometimes We All Might Need Advice – Do You?
Kiwi’s typically have a “can do” attitude and tend to think they do not need advice so don’t ask for help. Interestingly most people will ask for advise at times, or give advice and not even…
Good News For First Home Buyers As Economy Stalls
Today the Reserve Bank announced no change to the official cash rate (OCR) leaving it on hold at 1.75% but the comments and then reaction was more telling… Has The NZ Economy Stalled? Since the last…
Mortgage Brokers Need To Be Thinking Outside Of The Box
Mortgage brokers will often get approached by people that struggle with banks and so they need to be thinking outside of the box. If a mortgage broker thought like a banker and only provided the options…
Five Ways To Pay Your Mortgage Off Faster
So you want to pay your mortgage off faster – don’t we all… For most Kiwis the mortgage will be the largest financial commitment that they will ever have. Unfortunately most people do not make much…
