Reserve Bank Governor Adrian Orr bucked expectations with a shock 50 basis point (bps) OCR cut on August 7th. Double what the market expected it sent economic commentators and bank pricing committees into a spin.
July’s positive sales numbers add some energy to the property market which should be further bolstered by Reserve Banks of New Zealand's (RBNZ) big August Official Cash Rate (OCR) cut.
We take a look at the current market conditions and what's putting pressure on renters, while also keeping you up to date with the Reserve Banks capital review and the potential impact on mortgage rates.
If you’re buying your first home or helping a family member enter the property market, make sure you’re ‘bid ready’ by doing the following before raising a bidder paddle or making an offer. Three things every aspiring first home buyer needs to do before entering the property market.
Despite a mild winter the housing market in terms of sales volume has caught a decent winter chill, with the number of homes sold down 19.6% on last month and 3.8% on the same time last year. This makes it the quietest June since 2015.
Building a new home is more popular than ever, as evidenced by Mays strong building consent data. Aside from the obvious benefits of getting something brand new and just how you like it the demand is supported particularly among first home buyers with exemptions from LVR restrictions and elig...
Your x-ray vision has showed you some properties you’d like to buy. And you’re ready to move faster than the speed of light. But, even your sharp senses aren’t telling you just how much you can borrow… And, uncertainty and lack of confidence are a buyer’s kryptonite! Enter your super power in th...
The market continues to breathe a sigh of relief as the prospect of capital gains tax fades into the rearview mirror, while first home buyers put their best foot forward taking full advantage of a loosening in LVR regulations and low interest rates.
The market continues to breathe a sigh of relief as the prospect of capital gains tax fades into the rearview mirror, while first home buyers put their best foot forward taking full advantage of a loosening in LVR regulations and low interest rates.
One sure-fire way to grow your business is to find referral partners. Here are some of the advantages…
Sometimes the tectonic weight of a home loan exerts nearly enough pressure to create diamonds from worries. And debt moving south at a glacial pace, has you questioning the home buying journey.
There’s no place like home. More so when you own! As a member of the mortgage club, you might be wondering what your next steps should be.
Whether it’s tea leaves in the bottom of your cup, the behaviour of the birds, or the slightly hesitant tap of a gavel; the property market is trying to tell us something. The folks at Quotable Value (QV), who trust plain old numbers, are saying Auckland’s prices are declining, while NZ’s in gen...