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Month: February 2020

Pivotal Financial > News > 2020 > February
Happy couple just secured their mortgage

Mortgage lending strong in January

By:adminPosted: Feb 27th, 2020In: Real News

According 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[...]

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Busiest January in four years

By:adminPosted: Feb 25th, 2020In: Real News

According 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[...]

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How to help your children into their first home

By:adminPosted: Feb 24th, 2020In: Mortgage Tips

Purchasing 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[...]

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Interest rates may remain low until 2022

By:adminPosted: Feb 19th, 2020In: Real News

This 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[...]

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The challenges first-home buyers face across the Tasman

By:adminPosted: Feb 14th, 2020In: Lending News

As the new First Home Loan Deposit Scheme debuts in Australia, New Zealand property experts discuss housing affordability issues. For more on this, don’t miss our monthly Trans-Tasman update on all things lending and property.[...]

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RBNZ plays down economic impact of Coronavirus

By:adminPosted: Feb 12th, 2020In: Real News

This week, the Reserve Bank of New Zealand (RBNZ) decided to keep the official cash rate (OCR) at 1 per cent. The decision was widely expected by economists, who couldn’t but notice the “upbeat” tone[...]

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First-home buyers have increased presence in the market

By:Josh BronkhorstPosted: Feb 5th, 2020In: Real News

In December 2019, New Zealanders borrowed $6.5 billion – up nearly $1.2 billion compared with December 2018. And at 18.5 per cent, first-home buyers moved to a new record high share of the amount borrowed. [...]

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