The property market is finely balanced. There is an element of “the emperor has no clothes” as we all wake up to the reality of the credit crisis and the reality that it isn’t over yet
2010
Mortgage Rates | Fasten your Seatbelts
Filed under: Featured, Housing Market, Interest Rates, NZ Economy
The Reserve Bank is going to have to keep mortgage rates low to prevent a collapse in consumption and the flow on impact on the economy. In my opinion we are in for a sustained period of low interest rates
2010
Renting Versus Buying First Home
Filed under: First Home Buyers, Housing Market, Mortgages
Buying your first home will almost always make better sense than renting. That is unless you live with 5 other flatties, eat bake beans, and have a communal shower. That is hard economics to beat under any scenario!
I’ve read a number of blogs trying to explain why the NZ property market hasn’t collapsed like the US or UK markets. For what it’s worth, here is my view which is consistent with what we’ve been saying for a while.
In the US homeowners have a free option to walk away from a property
2009
How the Market is mispricing Mortgage Rates
Filed under: Housing Market, Interest Rates, Mortgages, NZ Economy
In previous posts we have shown you how to save tens of thousands in mortgage interest by leveraging short-term rates and repaying your mortgage faster.
In this post we show you that long-term rates are overpriced, and that whilst mortgage rates will increase, it won’t be nearly as fast as the media banter would suggest.
Summary
Mortgage rates
most recent posts
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Musings | Bank Economist versus Pikelet the Pig
July 31st 2010 -
NZ | Buying Property in New Zealand
July 25th 2010 -
Mortgage Rates | Forecast after July OCR
July 17th 2010 -
First Home | Kiwi Saver Deposit Subsidy
June 17th 2010 -
Credit Crisis | How the Housing-Life Cycle is Broken
June 13th 2010