Posts Tagged ‘First Home Buyer’
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…
Read MoreThe OCR announcement – what do rising interest rates mean for you?
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…
Read MoreHow parents can assist their children with little or no deposit to buy a house.
With house prices being so high, it can be difficult for first home buyers to save up enough deposit to meet the bank’s minimum deposit requirements. In many cases, the property prices are increasing at a rate far greater than the rate the first home buyer is able to save. This is where a…
Read MoreGet ready to buy your first home with as little as 5% deposit!
‘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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