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 five other flatties, eat baked beans, and have a communal shower. Those are hard economics to beat under any scenario!
2010
NZ Mortgage Rates Will Stay Low for 2010
Filed under: Featured, Interest Rates, NZ Economy
Finally everyone is starting to get it. Mortgage rates are going nowhere fast, so there is great value in sticking with floating and short-term fixed rates
If you are borrowing over 80% the rules and costs vary significantly across the different lenders and that’s where Squirrel comes in.
I think almost all homeowners could pay off their mortgage in less than 15 years, it just requires a bit of planning and action
With bigger mortgages, clients get more nervous about interest rates. The easy way to solve this is set your repayments based on a mortgage rate of 8.50%. By setting your repayments higher, you will initially pay the mortgage off faster. When mortgage rates eventually increase your repayments do not need to change
most recent posts
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Risk with houses built before 1945
January 28th 2012 -
Mortgage Rates: Let the Summer Craziness Begin
January 28th 2012 -
Growing your Property Portfolio
January 28th 2012 -
Waterview Connection | Implications for Property
December 4th 2011 -
Property Investing: Is Big Better?
November 20th 2011