Banking & Insurance - August 28th What Does a Lower OCR Mean for Kiwi Mortgage Borrowers? In this story we cover: What does a lower OCR mean for Kiwis with mortgages? What does a lower OCR mean for the NZ economy? What do falling interest rates mean for the housing market? In …
Banking & Insurance - August 14th The Co-operative Bank: Most Satisfied Customers Home Loans Winner 2024 Congratulations to The Co-operative Bank, rated the best bank for home loans by Kiwi mortgage holders for the fifth year in a row. Most of Canstar's banking awards are based on research undertaken by our dedicated …
Banking & Insurance - August 1st How Long Should I Fix My Mortgage For? Finally, mortgage rates are on their way down. Due to the country's weak economy, the Reserve Bank (RBNZ) is signalling that cuts to the Official Cash Rate (OCR) are on the horizon. And banks have …
First Home Buyers - August 1st Is it Cheaper to Buy or Build A House in NZ To buy or to build – it's a simple question, for sure. But, unfortunately, the answer is a little more complicated. So Canstar decided to delve a little deeper into the question and crunch the …
First Home Buyers - August 1st Lowest Construction Loan Interest Rate Deals Whether detached homes in greenfield subdivisions on the edge of town, or medium-density houses bunched on urban sections, new houses are popular choices for home buyers. However, if you're financing a new build, you need a …
First Home Buyers - July 30th What Are the Risks and Benefits of Buying Off-the-plan Properties? What does buying off the plan mean? Buying a property off the plan means buying a property that has yet to be constructed, such as an apartment in a complex that’s yet to be built or …
First Home Buyers - July 26th Top Tips for Building A New Home 1. Build to your section The key to good home design is to build to the section, not the other way around. You should design or choose a house plan that is going to make the …
First Home Buyers - July 25th How Does a Mortgagee Sale Affect Tenants? What is a mortgagee sale? A mortgage is a home loan secured against a property. If the borrower fails to make their mortgage repayments, the lender can sell the property to recover the money they are …
Home Loans - July 25th How to Get a Home Loan For a New Build Most people apply for finance to purchase a section and to build a new home at the same time. This requires two finance offers, one for each stage of the project, which means a range …
Home Loans - July 25th 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 …