The importance of reviewing your mortgage.

Reviewing your mortgage is not only just about getting shiny new low-interest rates and a cash incentive.  While the overall deal negotiated is important, it is also about making sure that the bank your home loan is with, is still the best bank for you.  That the loan products and benefits of those products are…

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The OCR announcement – what do rising interest rates mean for you?

OCR announcement -rising interest rates

  The Reserve Bank of New Zealand (RBNZ) are trying to force a recession to combat increasing inflation.  At the end of November, they raised the Official Cash Rate (OCR) – the biggest increase they’ve ever done: a .75% increase.   So, what is the OCR? Essentially it is a benchmark interest rate in New…

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Get ready to buy your first home with as little as 5% deposit!

Increase in “First Home Grant” house price caps

  ‘First Home Grant’ Changes The government have just increased the “First Home Grant” house price caps in many areas of the country after the post Covid-19 property price surge, which will allow more Kiwis to access the grant to increase their house deposit.   What’s Happening to the House Price Caps? In Auckland, the…

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