Home Loans - April 15th Could you save money by breaking your fixed term home loan? Over the past few months, banks have been entering “mortgage wars”, with banks cutting many of their fixed term rates. In fact, as at 22 March, five New Zealand banks were offering two-year fixed home …
Home Loans - April 15th Canstar reveals 2019 Outstanding Value home loans For the majority of people, buying a house means taking out the biggest loan they’ve ever encountered – a home loan. That’s why it’s crucial to shop around to ensure you’re getting a home loan …
Home Loans - April 11th Pros and cons of a fixed rate home loan Main image source: Shutterstock- Martin Vinas Co-author: James Hurwood Several fixed mortgage rates have decreased recently so, you may be thinking – is now a good time to choose a fixed rate mortgage? Well, here are the …
Home Loans - April 5th How to negotiate better home loan rates Co-author: Michelle Norton One of life’s little irritations we all continue to experience is buying something at a shop, only to see the same item reduced to half price a mere two days later. This happens …
First Home Buyers - March 26th What are the key property ownership types? But while you’re out hitting the pavements - or driveways - in search of home sweet home, you might be met with some unfamiliar terms. Turns out there is a bit more to picking a …
Home Loans - March 18th Common causes of mortgage default Co-author: TJ Ryan Kiwis are taking on more debt than ever before. According to the Reserve Bank of New Zealand, in 1988, the average household had around $16,000 in debt and an income of around $35,000 – …
Home Loans - March 12th Is it safe to get a mortgage with a small lender? Co-author: TJ Ryan Last time you went to open a new savings account, or had to visit a branch in person, did you wonder what other financial institutions are out there? Turns out, the big banks aren't …
Home Loans - March 5th Foreign investment in New Zealand Co-author: James Hurwood The rules on foreign property investment in New Zealand are based on whether you're a part-time resident or not and what type of real estate you're planning on buying. New Zealand's foreign investment regulations were tightened …
Home Loans - February 25th What are the best house hunting websites on the market? Co-author: Regina Collins We've rounded up some of the most popular New Zealand real estate sites to help you through this process. Major real estate websites These sites are some of the most well-known and widely-used New Zealand …
Home Loans - February 19th How does a reverse mortgage work? Co-authors: TJ Ryan and Shay Waraker A reverse mortgage is a type of equity release product (ERP). Equity release products come in two forms - credit products and debt-free products. A reverse mortgage is a credit …