I’ve rescued 3 readers in the past week from making a big and expensive mistake with their mortgage. What scared me was the lack impartial advice they were getting from the Mobile Mortgage Manager. As this article highlights the lack of independence of a Lender’s own sales team can easily result in poor advice.
Getting a mortgage out of a bank is getting as hard as fermenting wine in a gumboot! Naturally, with house prices and interest rates dropping, we have an increasing number of clients wanting to buy property. Frustratingly, the banks keep tightening credit criteria because (1) they don’t have enough funding to meet demand and (2)
For ASB, BNZ and National Bank customers there is potentially a financial benefit from breaking your fixed rate mortgage especially if you took a longer-term fixed rate. In this blog we show you how it all works and what the benefits are
Are you still paying over 9% on your mortgage. You could save thousands in interest by refinancing out of your second-tier lender (Wizard, GE, Tasman, Trustee Executors etc) provided you have a clean credit history, proven income, and your mortgage is less than 80% of the value of the property
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