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Our Latest Articles

Our Latest Articles

App of the Month – Gaspy

App of the Month – Gaspy

Date Published: 12 August 2023

We all enjoy saving a bit of money, especially if you’re looking to buy your first home or if you’ve just got your first mortgage. There are all sorts of…

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Better budget - the spindel laundry dryer

Better Budget – The Spindel Laundry Dryer

Date Published: 12 August 2023

At least once a month, we try to bring you an unusual outside-the-box method to save money.  Recently we’ve introduced you to Pocketsmith.com and shown you how cleaning your heat…

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What is Price By Negotiation?

What is Price By Negotiation?

Date Published: 13 July 2023

Until recently, selling a house by Auction has been the most popular method of selling in Auckland.  It takes advantage of the excitement in the market and pits buyers directly…

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App of the month – Sun Seeker

App of the month – Sun Seeker

Date Published: 13 July 2023

This month’s app that we love is called Sun Seeker.  It is immensely useful and a very simple concept. With the world just waking up to Augmented Reality, this app…

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Small Steps – Credit Report

Small Steps – Credit Report

Date Published: 13 July 2023

In today’s world, having a strong credit report is essential for achieving financial success. Your credit report not only determines your eligibility for loans and credit cards, but it also…

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Where Will Mortgage Interest Rates Be In 2024?

Date Published: 2 June 2023

Predicting what home loan interest rates will look like in the future isn’t easy, but since when has that ever stopped us? As we move through 2023, we’re starting to…

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Budgeting with PocketSmith

Date Published: 28 April 2023

If you’ve ever watched one of the Mortgage Lab’s webinars or Facebook livestreams, you will most likely have heard us rave about this app.  It’s one of our favourites –…

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Should You Refinance to Another Bank to Get a Better Interest Rate?

Date Published: 27 April 2023

You’ve got a fixed-term account maturing soon and the bank or your broker has sent you some interest rates. Maybe your current bank is offering 0.1% higher than another bank…

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Is it Worth Getting a Flatmate to Help Pay My Mortgage?

Date Published: 27 April 2023

Getting a flatmate to help pay the mortgage is a big decision. You have to share your home, and you wanted to keep a spare room for guests. But look…

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The Bank Said No to Your Investment Property (Credit Hurdle)

Date Published: 3 April 2023

It happens to almost everyone eventually. You walk into the bank and ask for money, either to buy a car, house, or business. But the bank declines you. Today we’ll…

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The Bank Said No Because of My Income

Date Published: 3 April 2023

It happens to almost everyone eventually. You walk into the bank, and ask for an amount of money, either to buy a car, house, or business and the bank declines you. Today…

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The Bank Declined My Investment Property Mortgage Application – Equity Hurdle

Date Published: 1 April 2023

It happens to almost everyone eventually. You walk into the bank, ask for an amount of money, either to buy a car, house or business and the bank declines you. We look…

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6 Tips for bidding at auction

6 Tips for Bidding at Auction

Date Published: 17 March 2023

Auctions can be an exciting and competitive way to purchase a property. However, the auction process can also be intimidating and stressful for unprepared people. To increase your chances of…

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The Rule of 72

The Rule of 72: A Simple yet Powerful Financial Tool to Estimate Investment Growth

Date Published: 16 March 2023

The Rule of 72 is a widely-used financial concept that allows investors to estimate how long it will take for an investment to double in value, given a fixed annual…

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Buying a home with friends

Can I Buy A Home With Friends

Date Published: 15 March 2023

While house prices have eased, getting the deposit together for a first home is still a big ask. Kiwis are asking whether it is worth buying with friends instead of…

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Deposits: How much do you need for your first home?

Deposits: How much do you need to buy your first home?

Date Published: 6 December 2022

If you have less than 20% deposit, you are referred to (by the banks) as a Low Equity (or Deposit) Borrower. You are required to meet a different set of…

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NZ Mortgage Interest Rates Prediction 2023

Date Published: 16 November 2022

It’s the time of the year when the Mortgage Lab buffs up our Crystal Ball, gazes into the infinitely complicated world of economics, and comes up with sufficiently generic interest…

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Divorce and Mortgages

Getting a Divorce and a Mortgage – Here’s What to Know

Date Published: 16 October 2022

Divorce is usually an incredibly stressful, time consuming and brain draining process. Conversations over dividing the kitchenware can be as tense as a peace treaty negotiation – yes, who gets…

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