Our Finance Blog

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…

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 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…

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…

In New Zealand we have a limited amount of banks and when you see them advertising they all look quite similar. They all say they will provide home loans with similar deposits and similar interest rates….

It seems obvious that if you want to speak to a banker you would go to your local branch, or if you want to speak to a mortgage broker then you would look for a local…

Some people will always get their mortgage broker to negotiate rates and refix their loans while others will deal directly with the bank. In many cases the banks want people to deal direct and actively promote…

You can Google almost any topic these days and get a variety of websites and blogs that contain information; however if you are looking for New Zealand mortgage blogs then we can list a few that…

It is common for people to phone their banks to check what they can borrow (to get pre-approvals) and while this may seem like the right thing to do this can also result in problems for…

For anyone either buying an existing property or building a new home with less than 20% deposit then deciding on which will be the best bank is not always an easy task. In most cases people…

The New Year is always a good time to review things and implement those New Year resolutions, the ones like reviewing your mortgage and finances. With banks like Westpac offering a limited time special 1-year rate…

As we draw closer to the end of 2018 we look at the housing market and how it has performed during the year, but more importantly how it might perform over the year ahead. Supply Issues…

The Reserve Bank released the latest six monthly Financial Stability Report (FSR) in the last week of November and it included some positive changes to the LVR rules for both first home buyers and for property investors….

This week we saw the first bank come out and formally announce that they will be able to offer finance to property investors with a lower 30% deposit now. The bank was the New Zealand owned…

Tracey Topp has joined The Mortgage Supply team in Hobsonville after being away from the industry for 10 years. She says coming back and working with Stuart Wills and his wife Erica is like coming home….

As mortgage brokers people will often ask “should I refinance my mortgage” and while it may seem a simple question there are often some considerations that may not be quite as simple. We believe that there are…

If you have an ASB home loan then you are able to refix your loans online by simply accepting the fixed term and rates offered online. The bank have made this a very simply process and…