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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Aucklander’s Have Been Living Off The Land For Years
Yes, many Aucklander’s have been living off the land for years … but not in the traditional way we think. Let me explain… Definition: “live off the land” Source: https://idioms.thefreedictionary.com/ To live by eating only the food that one produces from the land; to survive by gathering or stealing food,…
Why Should Property Investors Be Charged Higher Interest Rates?
Over recent months many of the major banks have started trying to charge property investors higher interest rates. As established Auckland mortgage brokers we will often negotiate interest rate deals with the banks and now as…
It May Be Hard But Don’t Give Up On Owning Your First Home
We all know that owning your first home is a big step and not easy. If we want to use a Welcome Home Loan with just a 10% deposit then we are limited to the price…
Using KiwiSaver Withdrawals and HomeStart Grants
When you are buying your first home you need all the help you can get and this is where being able to use KiwiSaver withdrawals and HomeStart Grants can make a huge difference. The problem for…
First Home Buyers – AXIS Home or Another New Build
As a local Hobsonville mortgage broker we have arranged a lot of finance pre-approvals for first home buyers looking to enter the AXIS Homes ballots. We see the elation when people are successful, and we see…
Bad Credit Loans & Non Standard Loans Offered By Non Bank Lenders
You would not apply for a loan from a bank if you have bad credit or required another type of non standard loan. In these cases you would be better served by contacting a mortgage broker…
Will This New Government Kill Your Property Investment Dream?
For many Kiwis that want to ensure that they are not reliant on Government handouts in retirement, property has been seen as a great asset to invest in; however there is currently a lot of uncertainty…
Should We Try Buying An AXIS Home In Hobsonville Point?
First home buyers are flocking to Hobsonville Point and entering the ballots for the AXIS Homes, and you cannot blame them. Hobsonville Point is a great place to live (my family personally shifted into the area…
Mortgage Brokers For Those Complicated Mortgages
Over the years we have gained a reputation for being the ‘go to’ mortgage brokers for those complicated mortgages that banks and many other mortgage brokers struggle with. A Brokers For Those Complicated Mortgages Stuart Wills has…
Looking At The Housing Policy Of NZ First
With NZ First and leader Winston Peters sitting in the “King Maker” position for forming a Government we should look at the NZ First housing policies and see what the National Party or Labour Party could…
We Love To Celebrate Success … Congratulations David
As kiwis we love to celebrate success, and it’s a great endorsement to any business when one of the team win awards. So it was great to be at the PAA Awards dinner last night to…
Refinancing A Home Loan Saves One Couple Over $5,000
One of the pleasures with what we do as mortgage brokers is helping people save money, so to help a couple by refinancing a home loan to save over $5,000 made today a very good day….
Examples Of Recent Non Bank Deals We’ve Had Approved
There are plenty of times that banks cannot approve deals and that’s why we have good relationships with a range on non bank lenders. The Bank Are Getting Tougher In recent months we have seen the…
Mortgage Brokers Need To Get Smarter
As the banks are making it harder to get mortgages approved some mortgage brokers are complaining while other mortgage brokers focus their efforts on being smarter. We fall into the second group – we have focused…
Is Meremere A Good Place For Auckland First Home Buyers?
As an Auckland mortgage broker we often hear people saying that it is impossible to get onto the property ladder in Auckland (and it is definitely hard) but there are some areas close to Auckland that must…
Westpac Introduces Fees New For Loan Restructures
Today Westpac have introduced a re-documentation fee of $170 which will apply for those transactions that require new loan documentation or changes to their lending facilities of a “significant nature” where there is no new lending involved….
A New Zealand Mortgage Brokers Finance Blog
On our website we include a New Zealand mortgage brokers blog. CLICK HERE to see Stuart’s personal blog too. This is written by one of the top New Zealand mortgage brokers Stuart…
How to Find a Good Local Mortgage Broker
When most people decide that they want to buy a house, the first thing that they do is head down to their local bank where they hold their current account to check if they are eligible…
Mortgage Brokers Will Suggest Using Second Mortgages At Times
With the LVR restrictions introduced by the Reserve Bank and the major banks shying away from bridging finance, mortgage brokers must think outside the box to meet people financial needsand this is a reason that some mortgage brokers are…
Auckland Mortgage Brokers That Will Jump Through The Hoops For You
If you are looking for Auckland mortgage brokers that will jump through the hoops for you then contact the team at The Mortgage Supply Company. Or if you really enjoy jumping through hoops then you could try…
