2010
Mortgage Rates | Do they really need to increase?
Filed under: Interest Rates, NZ Economy
Bank Economists seem to talk up mortgage rates but I’m not so sure! When you look at the fundamentals I struggle to see why rates need to increase much at all
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!
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
Most first home buyers do not know that Kiwi Bank and BNZ are the most expensive lenders if you are borrowing over 80%. Neither Kiwi Bank or BNZ disclose their low equity fees on their web sites. On the positive side they are still both lending up to 95%. If you are borrowing over 80%
When you first eyeball your mortgage it can seem scary borrowing a hell of a lot of money along with the realisation it might take 25 years to pay off. First up don’t stretch yourself too far. Work your budget on making repayments based on an 8.50% interest rate even if your actual rate is
most recent posts
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Mortgage Packages | Best Mortgage Deals
August 21st 2010 -
NZ Mortgage Rate Forecast | Wet and wild with patches of sun
August 21st 2010 -
First Home Buyers | A New Mindset
August 7th 2010 -
Musings | Bank Economist versus Pikelet the Pig
July 31st 2010 -
NZ Mortgages | Buying Property in New Zealand
July 25th 2010