At Squirrel we give away all of our advice for free. Either we are stupid or we think you’ll appreciate it and still work with us anyway. Revolving Credits are one of those gems that Advisers like us pull out to look intelligent. They are not for everyone, but in my mind Revolving Credit rocks!
This is sometimes referred to as interest rate averaging. In the past a few brokers have sold this as a “unique value-add strategy.” To be honest it is a simple but valuable concept. Although increasing mortgage rates are still at least 12 months away, it is now time to start splitting your mortgage into multiple
Predicting future interest rates has become a national obsession. The latest call is that there are “green shoots” emerging signaling the end of the recession and the possibility of increasing interest rates. Personally I think it is way too early to call that – and I’m an optimist! I still don’t think we’ve seen the
2009
Why Short Term Mortgage Rates are Best
Filed under: Interest Rates, Mortgages, NZ Economy
The best short-term rates at the moment range from 5.20% to 5.50%. If you are buying a new property or simply refixing then this post wraps some important logic around my view that short-term rates are better value. If you are buying a new property it might simply be easier to have us do everything
There is currently some totally irrational term deposit pricing out there. 1 Year Term Deposits are paying 4.50% and banks are lending out at 5.50%. Wholesale rates are at 2.90% so Term Deposits are being priced at least 1.60% above where they would usually be priced. From my perspective it appears to be driven by
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