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31 January 2023

Break fees: Why caution is needed when fixing your mortgage longer-term

This article is a cautionary tale for anyone feeling tempted by the recent fall in long-term mortgage rates: fixing long-term can come with some wicked hidden costs.

20 January 2023

Housing market weakening once again

We all underestimated the extent to which prices would rise when the pandemic struck in early-2020. Now, almost everyone has underestimated the extent to which prices, and sales, are heading down now that the pandemic is over and the inflation resulting from excess stimulus needs to be brought under control.

11 January 2023

2023: The Year of Recession (and what it means for property investors)

Cashflow is king. It's one of those old sayings that just always holds true - and it's one that property investors should be keeping top of mind heading into 2023.

22 December 2022

Mark your calendars: Key OCR dates for 2023

With most of New Zealand holding its breath as we wait to see what interest rates are going to do next year, here are the Reserve Bank announcement dates you need in your diary.

21 December 2022

Falling house construction over 2023

Stories of builder collapses alongside high financing costs have made people step back from signing up for a new property. Presales for developers have shrunk and many projects are now being put on hold.

08 December 2022

Reserve Bank causes shock throughout the nation

With the Reserve Bank's predictions of a recession, an unemployment rate of 5.7% and high inflation, businesses and consumers alike have had to sharply rein in their spending plans on everything but groceries, including housing. But will the fear pass with time, or simply worsen?

23 November 2022

Triple hike brings OCR to its highest in over a decade

This one's going to hit homeowners hard. Here's what to expect from mortgage rates, and what to do if your mortgage is coming up for renewal.

11 November 2022

NZ property market remains in a slump as interest rates continue to rise

Do we have any evidence in hand of the impact on the residential real estate market yet of the recent round of fixed mortgage rate increases undertaken by banks? Yes, we do.

08 November 2022

Market update: With a triple OCR hike looming, what's in store for mortgage rates?

We're fast headed towards the last OCR announcement of the year, and it's going to be a big one. In his latest market update, JB shares his expectations on where interest rates could get to, and a bit of an update on the housing market more broadly.

28 October 2022

Property investors backing away from the market

My monthly survey has shown a decrease in the net proportion of these investors thinking about buying another property from 10% down to only 2%.

06 October 2022

Another increase to the OCR as monetary policy continues to tighten

The Reserve Bank met expectations this week with another 0.5% increase in the official cash rate so it now sits at 3.5% compared with the record low just over a year ago of 0.25%.

28 September 2022

Interest rate outlook sours

It is somewhat ironic that at the same time as we are seeing first home buyers return to the market and investors pricking up their ears, prospects for interest rates have worsened.