Home Loans - December 3rd What is a Construction Loan? If you've decided to take the plunge and build your next home, you'll have lots of decisions to make: which fittings and fixtures to choose, a colour scheme and flooring choices, plus which construction loan …
First Home Buyers - November 26th Lowest Construction Loan Interest Rate Deals If you've not already noticed, there's a building boom going on at the moment. New builds are shooting up everywhere. And the trend looks set to continue for a while yet. According to new government …
First Home Buyers - November 24th What Happens if You lie on Your Home Loan Application? Author: Rebecca Jarrett-Dalton While the majority of people are honest on their home loan applications, some people lie – whether intentionally or inadvertently – during the application process. However, if you are caught lying on your …
First Home Buyers - November 23rd First Home Buyers: What to do if You Have Less Than a 20% Deposit Things are not getting any easier for aspiring first home buyers (FHBs) with a low deposit. The latest real estate figures show that, nationally, the median house price has increased by 23.4% over the past year, from …
First Home Buyers - November 19th Squirrel: Mortgage Rate Forecast for 2022 In last year’s mortgage rate forecast, we were of the view that rates would drop below 2% and stay low, which they did for most of 2021. We also felt that house prices would begin to …
Home Loans - November 17th Building Costs: How Much to Build a New House in NZ? Building Costs: How Much to Build a New House in NZ? In this article we cover: Median cost of a home in 2021 Cost of building a new house in 2020 Cost of building a …
First Home Buyers - November 15th Squirrel: Is it Better to Fix or Float your Mortgage? This is particularly relevant right now, while everyone is talking up inflation and higher interest rates. One thing is for sure, whether you fix or float your mortgage, you cannot avoid paying higher interest rates. …
First Home Buyers - November 8th Mortgage Rates to hit 5%: How Much Will Your Mortgage Cost? Mortgage rates are already on the up. Back in mid-July, the average mortgage rates for 1- and 2-year fixed mortgages looked like this: July 2021, average rates: Term 1-Year 2-Year Average rate 2.55% 2.86% Now they look like this: November 2021, average rates: Term 1-Year 2-Year Average rate 3.44% 4.03% Source: www.canstar.co.nz. …
Home Loans - October 19th Real Estate vs Shares: Which is the Better Investment? Money in the bank, as the old adage goes, is money in the bank. It’s always going to be a reliable, liquid asset. But in these days of ultra-low interest rates, money stuck in a …
Home Loans - October 6th Squirrel: Buying a home in 2021 vs. 2008 Back in 2008, in the middle of the Global Financial Crisis, I founded Squirrel mortgage brokers. One of my first clients was a couple who were looking to buy their first home in Auckland. They had a combined income …
