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
2009
I’m Not Participating in This Recession
Filed under: Interest Rates, Life and Income Protection, NZ Economy
The next year won’t be easy, but us Kiwis are made of tough stuff. Maybe this global crisis is New Zealand’s opportunity to sneak back up the OECD ladder. For all those pessimists out there, it is time to roll up your sleeves and do something about it. We are a very small fish in a very big pond. Even if the pond shrinks, it is still a very big pond!
2008
Mortgage Rates on the Way Down
Filed under: Housing Market, Interest Rates, Mortgages, NZ Economy
Last week the Reserve Bank dropped the official cash rate (OCR) by 1.00% to 6.50% – and immediately banks decreased their mortgage rates. The best rates out there today amongst the major banks are 7.95% for six months and 7.90% for one year (forget anything past one year). What excites us is to finally see
2008
Will the real chicken little please stand up?
Filed under: NZ Economy, Property Buying Tips
Is your glass half full or half empty? With commentators lining up to predict the gloomiest possible scenarios for our economy we thought we’d put some water back in the glass. The media pundits are quick to take the chicken little point of view: “Help! The sky is falling!” And sure, we have high interest
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