OCR cut by 50 basis points to 2.5%
The Reserve Bank this morning cut the OCR as we expected by 50 basis points encouraging an immediate drop in floating rates by Westpac, ASB, BNZ and Kiwibank of an equivalent amount….. Continue...
View ArticleSelf -employed and wanting to borrow soon?
For a country that espouses itself as being the land of the SME (small to medium enterprise) obtaining lending from NZ banks for the self employed can be a difficult road to hoe. Now that we have...
View ArticleMore lender changes and rates news
The combination of incredibly low rates and continual improving credit policy has seen the office receive a large amount of new inquiry, especially from first home buyers. Continue reading → Read the...
View ArticleThe Budget and Rates
Without wishing to comment on the politics of yesterday’s budget, I thought I’d give a brief though on the impact on borrowers. Continue reading → Read the full article here: The Budget and Rates
View ArticleASB make another change and Wellington visit
ASB announced this morning that they have extended their pre-approval time from 90 to a whopping 180 days. Continue reading → Read the full article here: ASB make another change and Wellington visit
View ArticleWhat does regulation mean for you (and us!)
A big day for all of us in the financial services industry as the Financial Markets Authority and the new regulatory regime comes into force. So what are the basics to understand from the consumers...
View ArticleWhat is a Deposit Bond
A Deposit Bond is a guarantee of payment and these Bonds are underwritten by insurance organizations. A deposit bond can be used instead of cash when settling a property, normally once a contract to...
View Article10 Top Tips for Buy an Investment Property
Fantastic list of 10 Top Tips for Buy an Investment Property! Provided by PropertyTutors.com. The advice in the tips is from decades of experience making a living as a property investor. Read the full...
View ArticleGood news for investors!
ANZ/NBNZ have announced a further credit policy change……. Read the full article here: Good news for investors!
View ArticleRenovation – Costs Involved
When renovating a property for an investment gain you need to consider many factors to ensure you will get a return on your investment. Some factors include choosing the right materials and how much...
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