Covid crisis sees rise in non-bank lenders
Since the start of the Covid crisis, there’s been a sharp rise in demand for home loans from non-bank lenders.
Since the start of the Covid crisis, there’s been a sharp rise in demand for home loans from non-bank lenders.
The New Zealand property market continues to boom. The latest property market data shows steady increases in sales volumes and prices nationwide. And that’s despite the lockdown restrictions in Auckland and the rest of the country.
The latest property market data shows sales volumes and prices are up nationwide with some regions experiencing record-breaking increases.
The recent outbreak of Covid-19 caught everyone by surprise and has been a huge wake-up call. It’s clear the pandemic is still a threat. And we could be moving up and down alert levels for some time. Preparation and planning are critical if your business is to survive and thrive at every alert l...
The government’s repayment deferral scheme introduced at the start of lockdown has been a lifeline for many Kiwis. In the face of job losses and slashed incomes, taking a repayment deferral made sense for those facing hardship.
The NZ property market has surpassed the expectations of even the most optimistic commentators. Read on for the latest property market data.
Low interest rates and a buoyant housing market have made property investment look like a very attractive option right now. Investing in property is bound to deliver a better return than putting your money in the bank, right?
The global economic outlook may still be gloomy, but that doesn't seem to have dampened the NZ property market. Read on to find out more.
Not exactly. What has changed is the Reserve Bank of NZ’s requirements of trading banks in NZ to abide by mandated rules that had been put in place.
In what is close to the perfect storm for our business, money is the cheapest it has ever been, but it has also never been harder to access.
With Interest rates at an all-time low, a lot of people are thinking about breaking their current fixed rate to reset at something lower. This is effectively breaking the contract you have signed with the bank, the benefit on the face of it appears obvious for the borrower – stop paying an old fi...
I have never been the fortunate owner of a crystal ball, yet I am constantly asked “what are interest rates going to do over the next couple of years." The reality is I don’t know and nobody genuinely does. People far more learned than I in the area of economics provide any prediction with a cav...
The rapidly evolving COVID-19 situation is sending instant shockwaves through world economies and health systems and the fallout will have longer term impacts on the New Zealand economy and housing market. We look at the situation this far and analyse the key impacts and the response. COVID-19 ha...