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Our Latest Articles

Our Latest Articles

OCR Announcement - 16th March 2020

Date Published: 16 March 2020

The Reserve Bank today announced that the OCR would be reduced by 0.75% to a new level of 0.25%. International markets around the world have been severely affected by the…

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How Does A Student Loan Affect A Mortgage Pre-Approval

Date Published: 15 March 2020

First home buyers are often nervous about the size of their Student Loan and how it will affect their chance of getting a mortgage.  But how much does it really…

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How does a Credit Card affect your mortgage?, bad debt

Date Published: 1 March 2020

Kiwis like Credit Cards… a lot.  If you’ve got 10 minutes, you could get one online right now (don’t).  And the price for easily-acquired, unsecured debt is usually ~20% p.a.…

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2022 Predictions Interest Rates / House Prices

Date Published: 25 February 2020

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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What does LVR mean?

Date Published: 11 February 2020

Think of the Loan to Value Ratio (LVR) like this:  What percentage of the house is covered by the mortgage…  Or, in other words, what percentage of the house does…

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If you quit smoking, how fast could you pay down your mortgage

Date Published: 3 February 2020

Smoking is a difficult habit to quit but there are some powerful motivators to do so. For some, it’s the wish to live a healthier, longer life. For others, it’s…

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5 Things you need to get into your first home

Date Published: 23 July 2019

In this day and age, where house prices are rapidly increasing, it is easy to think that home ownership is an impossible dream.  Before I became a mortgage adviser I…

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3 Thinks you can do to get ready for a mortgage

Date Published: 24 April 2019

Whether you’re getting serious about buying a house or are thinking you’d like to buy sometime in the future, doing these three things today will help you get ready for…

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Paying Down Your Mortgage or Savings Into KiwiSaver

Date Published: 21 April 2019

It’s a question we get asked a lot. If we have an extra amount of money in our salary, should we use the money to pay down our mortgage or…

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KiwiSaver, First Hone Grand and First Home Loan

Date Published: 14 April 2019

“My income is too high to be able to use KiwiSaver to purchase my first home”, was a comment made in passing to me today. Article written and submitted by…

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6 Tips for bidding at auction

Date Published: 6 April 2019

Auctions can be a little bit overwhelming.  They’re meant to be.  It’s why they result in higher prices for the Vendors.  To help ease the stress, here are 6 quick…

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Where Am I going to find my deposit?

Date Published: 24 March 2019

One of the simplest ways to grow your deposit is KiwiSaver. Below, we take a quick look at how quickly your deposit could grow and the numbers around this. Robyn…

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The Rule of 72

Date Published: 3 March 2019

Whenever you’re dealing with complex numbers, it helps to have a few tricks to make quick calculations easy.  So here’s an easy way to calculate how long an investment will…

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5 Things To Know About Your Mortgage Pre-Approval Letter of Offer

Date Published: 6 February 2019

Good news! You’ve completed your application, handed over a mountain of paperwork (just kidding, our system is paperless) and now you’re pre-approved for your mortgage! After a phone call from…

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Mortgage Deposit: Can I take out a loan to increase my deposit?

Date Published: 26 January 2019

As you may know from our other blogs, there are some key levels of deposit that you need to get to in order to buy a new home. The main…

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2019 Interest Rates Prediction

Date Published: 18 December 2018

It’s the time of the year when we buff up our Crystal Ball, gaze into the complicated world of economics and finance and come up with sufficiently generic forecasts/predictions to…

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financial stability report, RBNZ, LVR, Economy

Date Published: 27 November 2018

The Reserve Bank of New Zealand has released it’s 6 monthly Financial Stability Report. Previous Financial Stability Report Almost exactly one year ago, on the 29th November 2017, the RBNZ announced…

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4 Tips To Buying By Tender

Date Published: 20 November 2018

Recently we looked at some tips for bidding at an auction.  But what if the house you love is for sale by tender?  Tenders are much less time-pressured than auctions…

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