New Zealand mortgage rates are dropping
Posted: Mar 18th, 2020In: Real NewsThis week, the Reserve Bank of New Zealand issued an emergency announcement, cutting the official cash rate by 75 basis points, to a record low of 0.25 per cent. Banks immediately passed on the cut[...]
Read More about New Zealand mortgage rates are droppingCoronavirus effect: Rate cuts across the Tasman
Posted: Mar 16th, 2020In: Lending NewsEarlier this month, Australia was the first developed-market central bank to cut interest rates, in hopes to ease the economic impact of the coronavirus outbreak. New Zealand just followed suit with the largest OCR cut[...]
Read More about Coronavirus effect: Rate cuts across the TasmanEconomists expect “minor drop” in mortgage rates
Posted: Mar 11th, 2020In: Real NewsIn less than two weeks, the Reserve Bank may – or may not – announce another OCR cut to 0.75 per cent (or even 0.5 per cent). But ASB economists believe that, this time, the[...]
Read More about Economists expect “minor drop” in mortgage ratesWill the coronavirus outbreak lead to a surprise OCR cut?
Posted: Mar 5th, 2020In: Real NewsANZ economists believe the rapidly escalating coronavirus outbreak could force the Reserve Bank of New Zealand to cut the official cash rate (OCR) by 0.5 per cent this month. The latest developments have prompted ANZ[...]
Read More about Will the coronavirus outbreak lead to a surprise OCR cut?Budget-friendly ways to add value to your home
Posted: Mar 4th, 2020In: General TipsThinking of putting your home on the market? As recent real estate data shows, the New Zealand housing market is firmly in sellers’ hands in most parts of the country. And with buyer demand as[...]
Read More about Budget-friendly ways to add value to your homeFour ideas for a sustainable kitchen
Posted: Mar 3rd, 2020In: General TipsThe emphasis on eco-friendly living is on the rise, with more and more solutions to make our homes more sustainable. So why not start with one of the most used room in your house –[...]
Read More about Four ideas for a sustainable kitchenMortgage lending strong in January
Posted: Feb 27th, 2020In: Real NewsAccording to the latest Reserve Bank’s data, mortgage lending volumes are on the rise with New Zealanders borrowing a total of $4.7 billion in January – the highest figure on record for any January since[...]
Read More about Mortgage lending strong in JanuaryBusiest January in four years
Posted: Feb 25th, 2020In: Real NewsAccording to the latest REINZ report, the New Zealand property market had a strong start to the year, with the most residential properties sold in four years. If you are planning your next property moves[...]
Read More about Busiest January in four yearsHow to help your children into their first home
Posted: Feb 24th, 2020In: Mortgage TipsPurchasing a house is the quintessential Kiwi dream, and with good reason. In most parts of the country, property prices have been rising steadily in recent years, and many New Zealanders view home ownership as[...]
Read More about How to help your children into their first homeInterest rates may remain low until 2022
Posted: Feb 19th, 2020In: Real NewsThis week, in the aftermath of RBNZ’s decision to keep the OCR at 1 per cent, ASB economists peered into their crystal ball and came up with a bold prediction: “We now expect the OCR[...]
Read More about Interest rates may remain low until 2022