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.Read more
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...
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?
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...Read more
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.
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?Read more
Is the New Zealand economy headed for a downturn? We ask economist Cameron Bagrie who gives us a full rundown of the NZ economy's pros and cons at present.