NZ can look like a good place to invest especially given the craziness going on elsewhere in the world. With property prices falling and the prospect of a lower currency, there are likely to be more investment opportunities in late 2010 and 2011. If you’re a non-resident or you’re a Kiwi working overseas, this post looks at how to buy property in New Zealand
I’ve rescued 3 readers in the past week from making a big and expensive mistake with their mortgage. What scared me was the lack impartial advice they were getting from the Mobile Mortgage Manager. As this article highlights the lack of independence of a Lender’s own sales team can easily result in poor advice.
This Ask an Expert column ran in the NZ Herald last week. IT was in response to a question on how to borrow if you are cash poor but asset rich.
“I have recently come back from overseas and have big plans to set up my own import/export business here. I am very keen to buy
Redraw can be a clever way to pay your mortgage off faster without the hassle of lack of control you get with a revolving credit
2010
Mortgage Rates | Rates on the increase
Filed under: Featured, Interest Rates, Mortgages, NZ Economy
Short term fixed mortgage rates have started to increase in anticipation of a June increase in the Official Cash Rate which now looks almost certain.
Some of the key factors behind this are a lower unemployment figure and strong commodity prices signaling that the economy is recovering. The RBNZ has always talked about increasing rates in
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