Our Finance Blog

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…

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…

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…

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…

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…

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…

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…

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…

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…

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….

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…

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…

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 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…

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…

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…

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…

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…

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…

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…