The Official Cash Rate (OCR) Explained
Date Published: 2 April 2024
As of 2nd April 2024, the Official Cash Rate (OCR) for New Zealand is set at 5.5%. What is the Official Cash Rate? The Official Cash Rate (OCR) is an…
The One Bank Trap and The Several Bank Nightmare
Date Published: 5 January 2024
A common phrase in mortgage world is the “one bank trap”. It’s when you have all your lending with one bank which gives the policy makers at the bank all…
Fixing or Refixing Your Mortgage: Three Questions to Ask
Date Published: 2 November 2023
Fixing/refixing your mortgage isn’t as exciting as buying a new house. Or, for that matter, as exciting as getting a pizza coupon in the mail. But gives you a valuable…
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…
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…
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…
银行永远不会告诉你的小秘密 – 使用多个银行
Date Published: 21 March 2021
银行是企业，目标是赚钱并成为该行业的领先品牌。这是与大多数其他企业的目标相同，归根结底，它们都是很注重销售的。因此不用说，他们不太可能为您提供涉及使用多个银行的建议。以下有两条提示是银行不会告诉你们的 。
Revolving Credit vs Floating Mortgage Account: What’s the difference?
Date Published: 20 July 2020
Most homeowners are familiar with fixed-term mortgages. Over 80% of NZ mortgages are on some sort of fixed-term; the majority are currently for 1 to 2 years. But it’s easy…
How Can I Get A Mortgage?
Date Published: 2 June 2020
A lot of the nerves that first home buyers feel when they decide to buy is around the mortgage. When the maximum loan you’ve ever applied for is a $2,000…
如何申请房贷?
Date Published: 2 June 2020
相信很多人在决定购买他们第一套房子的时候会感觉很紧张和不安。 如果你最高贷额只是一张$2000元的信用卡，那么去申请$ 400,000的贷款可能会觉得很有压力。
How To Calculate Break Costs And Decide If It Is A Good Strategy
Date Published: 20 May 2020
For the past 12 years, interest rates (both mortgage and the Official Cash Rate) have been decreasing. That means that almost everyone who has fixed their mortgage at some point…
Bank Relief Packages and Mortgage Holidays
Date Published: 26 March 2020
Article current as of 1st April 2020 (no April Fools jokes are contained – all information accurate) With the recent announcements with bank relief packages and mortgage holidays, we are…
2 Bank Account Tips The Banks Will Never Tell You
Date Published: 21 March 2020
Banks are businesses and their goal is to make money and become the leading brand in the industry. This is the same goal as most other businesses and their reputation…