Loan Market Mortgage Adviser servicing Howick, Botany, Dannemora and surrounding suburbs
Are you after a home loan? Require an investment loan? Or are you a self employed borrower?
If so, I specialise in helping you. And my mission: to make the complicated very uncomplicated!
What’s In Store for the NZ Economy as Coronavirus Fever Heats Up Worldwide?
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 has hit the global system with the sledge hammer, we analyse the fallout and New Zealand's response and how it will impact our housing market.
NZ Property Market Braced For Full Impact Of Coronavirus
The World Health Organization’s declaration of a coronavirus pandemic has seen the economic crisis associated with COVID-19 ramp up to a whole new level, with a global recession seen as a near certainty. The surprise announcement of the Reserve Bank to cut the official cash rate to 0.25% for a year, along with the government’s $12.2 billion package of support measures is designed to help bolster the economy. Representing 4% of GDP this is a substantial investment.
Housing Market starts strongly but coronavirus clouds forecasts.
The housing market has continued its strong momentum from 2019, with Auckland finally arriving at the party to join the rest of the country. However despite The Reserve Bank’s recent confidence that the economic effects of the coronavirus will be short-lived, there is a danger some NZ property markets could suffer ill health.