
Lower OCR possible, but not yet
The Reserve Bank has kept the OCR at 1.5% for now, despite some earlier speculation that it might have been lowered again in the announcement on Wednesday.
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Things expats should consider when securing a mortgage from overseas
Kiwi’s love to travel. There are a lucky few that manage to land lucrative careers overseas and find themselves in the fortunate position of being able to purchase an investment property while still working in a foreign country. It can be tricky to secure a mortgage when you are not in your country of citizenship though. This article provides insight into the finer points of securing a mortgage in New Zealand from overseas.
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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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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?
Read moreQ&A with Cameron Bagrie for Pope & Co. Mortgages
Check out our first quarterly Q&A with Cameron Bagrie from our strategic partner Bagrie Economics. Look out for Cam's quarterly report written exclusively for Pope & Co. shortly.
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Orange is the new green!
Orange is the new green! Here at Pope & Co we want to do our bit to be 'Green'. Find out how to get your hands on one of our new Keep Cups...
Read moreOCR could remain unchanged until 2020
The Reserve Bank Governor Adrian Orr has this morning announced that the Official Cash Rate (OCR) is likely to remain at 1.75 percent through until 2020, longer than projected in the May Monetary Policy Statement.
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More mortgage options for home buyers
Are you considering a ‘non-bank’ loan to buy your first home? Or want to know more about getting a loan from a Credit Union? Here’s our expert advice...
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