First-home buyer update: What will my money get me in the Hutt?
[Photo: "Eastbourne and Petone, Lower Hutt" by Phillip Capper – under Creative Commons license]
Last month we looked at the Kapiti Coast, and what first-home buyers could expect to get for their money! This month, we’re focusing on the Hutt Valley. So, how does it compare?
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Pope & Co. economic update exclusive from Cameron Bagrie
Will a relaxation in LVR restrictions fire up the property market? Is this the low for mortgage rates? Find the answers to these questions, plus a property market update, in our latest economic report exclusive from Cameron Bagrie, of Bagrie Economics.
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How to get the best from low-interest rates
You might be forgiven for thinking banks had been making the most of Black Friday Sales with the recent slashing of interest rates, some are the lowest they’ve been since the Second World War! But how can you make the most of them? First-home buyer, or homeowner, here’s our advice...
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Chatting with Cameron Bagrie
Super cool having Cameron Bagrie hanging out in our office yesterday and having a chat to some of our local business partners.
Reserve Bank eases LVR restrictions
The Reserve Bank has announced it's easing the LVR restrictions, which is good news for low deposit borrowers and investors.
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First-home buyer update: What will my money get me in Kapiti?
With the average house price in Kapiti increasing 7.4% from last year ($525,799 to $564,784) you may very well be asking, what exactly will my money get me in Kapiti?
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Retirement properties squeezed in Wellington market
Buying your first home, and owning a freehold home on retirement, are considered to be Kiwi rites of passage—but rising house prices in a competitive market can make downsizing difficult. Some savvy planning can put you ahead of the market, find out more here...
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Low OCR set to remain until 2020
The Reserve Bank expects to keep the Official Cash Rate unchanged until 2020. This is good news for mortgage rates!
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Interest rate rivalry great for mortgages
Spring is the traditional time of year banks begin to rival each other on interest rates. A few weeks ago, New Zealand’s largest lender pushed its one-year rate to an all-time low, with other banks closely following. Since then, we’ve seen cuts in interest rates across the board. Read our advice on making the most of low interest rates.
Are LVR restrictions likely to be relaxed further this year?
Borrowing more than you can chew is never a good idea. According to the Reserve Bank, restrictions on low-deposit (high-LVR) residential mortgage lending act as a ‘speed limit’ on how much low-deposit lending banks can do. These were relaxed slightly earlier this year. Is it likely they will be relaxed further?
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