News – Pivotal Financial

New Zealand mortgage rates are dropping

Mar 18th, 2020 adminReal News00

This 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 […]

Coronavirus effect: Rate cuts across the Tasman

Mar 16th, 2020 adminLending News00

Earlier 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 […]

Economists expect “minor drop” in mortgage rates

Mar 11th, 2020 adminReal News00

In 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 […]

Will the coronavirus outbreak lead to a surprise OCR cut?

Mar 5th, 2020 adminReal News00

ANZ 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 […]

Budget-friendly ways to add value to your home

Mar 4th, 2020 adminGeneral Tips00

Thinking 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 […]

Four ideas for a sustainable kitchen

Mar 3rd, 2020 adminGeneral Tips00

The 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 – […]

Mortgage lending strong in January

Feb 27th, 2020 adminReal News00

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 […]

Busiest January in four years

Feb 25th, 2020 adminReal News00

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 […]

How to help your children into their first home

Feb 24th, 2020 adminMortgage Tips00

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 […]

Interest rates may remain low until 2022

Feb 19th, 2020 adminReal News00

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 […]