In a perfect world, your bank would let you know every time there was an opportunity for you to save money. But the world isn’t perfect so it’s up to you to stay on top of your home loan. It could save you thousands of dollars. How? Here are seven things to consider.
The cult of personality is alive and well in the New Zealand property market with the next wave of self-styled property gurus. Now they're digital savvy and on social media.
Saving for a house in the post-covid age isn’t easy. With house prices becoming stratospheric, the Kiwi dream might start to seem more like a pipe dream.
When it comes to discussions about housing in New Zealand it is almost heresy to say anything other than that there is a housing shortage, a housing crisis.
It’s just a little bit odd at the moment trying to make sense of mortgage rates. The mortgage rate signals that borrowers are receiving are somewhat confusing.
In March the Reserve Bank will reimplement LVR (loan-to-value ratio) restrictions on property investors. This will mean lending for investment properties will be required to have a 70% or possibly 60% loan-to-value ratio.
If you’re familiar with us, you’ll know that at Squirrel we don’t like to pull punches so here goes. Heartland Bank came out with a staggering mortgage rate of 1.99% fixed for 1-year. Naturally everyone got excited, but what is it actually? Since then, no other banks have followed.
Having come from decades in banking Dave’s seen his fair share of cyber-crime and how it’s evolved alongside financial technology. He took the time to write down his recent experiences and tips on how to avoid becoming victim to cyber fraud.
When you have established yourself on the proverbial property ladder you will at some point come to the decision to move house. But what comes first? Is it better to buy first and then sell, or the other way round? Here are the pros and cons to each of these scenarios.
I think now is a good time to be at least looking, but take your time and make sure the numbers stack up. If you buy cash flow neutral in the right areas, irrespective of what happens with short-term house prices it will be an excellent long-term investment.
So much to think about, so much to consider. We’ve broken it down for you into a handy up-to-the-minute checklist that you can download, print and pin up on your wall at home. Once you’ve got all the nuts checked off, you’re good to go!
There’s a lot of mixed messages out there about property at the moment. Some is from complete pessimists who think the world is coming to an end. Some is from the industry who are far too bullish and whose income is in some way tied to property. We’re arguably in the latter camp (given we’re mortgage advisers) – but we try to call it as we see it.