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
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
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
Einstein marveled at the compound effect of interest rates for good reason.
Over the life of a $300,000 mortgage you will pay over $360,000 in interest! When you are dealing with such big numbers the cost of getting it wrong can easily run over $80,
Having the right Mortgage Strategy can save you thousands in interest every year let alone over the life of a mortgage. That’s why we think it always pays to get the best possible advice. JB (author of this blog) is the former General Manager Products at ANZ National Bank and has managed over $15 billion
most recent posts
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Musings | Bank Economist versus Pikelet the Pig
July 31st 2010 -
NZ | Buying Property in New Zealand
July 25th 2010 -
Mortgage Rates | Forecast after July OCR
July 17th 2010 -
First Home | Kiwi Saver Deposit Subsidy
June 17th 2010 -
Credit Crisis | How the Housing-Life Cycle is Broken
June 13th 2010