Home Loans - June 2nd House Flipping in NZ: 5 Expert Tips Key points: When house flipping, ensure that you buy a house with potential, and don't overpay. Thoroughly plan your budget, and then stick to it. Do as much of the renovation work as you can, …
First Home Buyers - May 29th What If I Change My Mind About Buying A House? Key points: You're free to change your mind about buying a home if you've not signed a sales contract. However, once you sign a sales contract on a home, you become legally bound by the …
Home Loans - May 1st Am I Too Old For A Home Loan in NZ? KEY POINTS: The closer you get to retirement age, the more difficult it becomes to gain approval for a mortgage. As a mature person, to improve your chances of securing a mortgage, you'll need to …
Home Loans - April 22nd Best Home Loans: Canstar’s Home Loan Awards It's always imperative to compare home loan lenders and mortgage products. Whether you're a first home buyer, a property investor, or a homeowner looking to refinance, you can potentially save thousands of dollars in fees …
First Home Buyers - April 10th How Does the OCR Affect Mortgage Rates? KEY POINTS: The RBNZ's Monetary Policy Committee meets seven times annually. At these meetings, the committee sets the OCR as part of the bank's job to keep inflation in check. The OCR is the rate …
First Home Buyers - April 3rd What is Lenders’ Mortgage Insurance and How Does it Work? Over the past two years, as house prices have cooled, the number of first home buyers (FHBs) entering the market has increased considerably. According to RBNZ mortgage figures, there were 28,774 new mortgages issued to …
First Home Buyers - April 1st Mortgage Cashbacks: What’s On Offer? Canstar explores the current mortgage cashbacks on offer from the banks, and checks to see how the deals stack up. Mortgage Cashbacks While some banks make a big show of their first home buyer deals, it's worth …
First Home Buyers - April 1st How Much Can I Borrow to Buy a House? KEY POINTS: The size of your deposit and your income are key factors in determining how much you can borrow to buy a house. Personal expenditure, your saving history and debt levels are important, too. …
Home Loans - March 6th Can You Buy a House With No Deposit? Can you get a home loan with no deposit? The good news is, yes, you probably can. However, for a lender to give you a mortgage with no deposit, you'll need somebody with pockets as …
Home Loans - March 3rd How Much to Build a New House in NZ? How Much to Build a New House in NZ? In this article we cover: Median cost of buying an existing house in NZ Rising cost of building a new house We're building more, smaller homes …
