by Global Finance | Feb 2, 2023 | Blog
Severe rain, storms and floods have battered parts of the Auckland, Northland and Coromandel in the last week making hundreds of homes uninhabitable and lot more requiring moderate to large repairs. If your house has been affected by the flood or have a new build or...
by Global Finance | Jan 26, 2023 | Blog
Good news – it may not be 20% As house prices continue to fall, many New Zealanders previously locked out of the market could now afford to buy. So why aren’t more people taking advantage? Short answer: bad information. With rising interest rates and stricter lending...
by Global Finance | Jan 17, 2023 | Blog
The pros and cons of re-structuring your mortgage Most of us need a financial safety net for emergencies or big-ticket items. Credit cards and hire purchases can be good options, but traditionally they come with high interest rates. On the other hand, if you own a...
by Global Finance | Dec 22, 2022 | Blog
When you apply for a loan, your prospective lender will weigh up your likelihood of repaying what they’re lending to you. They’ll run checks on your creditworthiness and spending patterns to gauge your financial character and thereby determine whether you’re likely to...
by Global Finance | Dec 7, 2022 | Blog
The impact of the latest official cash rate announcement by the Reserve Bank to increase the OCR by 75 basis points (0.75%) to 4.25% is starting to be felt in the market. Two major banks – ANZ and Westpac – have raised their fixed and floating home loan rates, along...
by Global Finance | Dec 2, 2022 | Blog
Four ways to save money in the face of crippling home loan rates With inflation at an all-time high, New Zealanders are starting to feel the pinch in every area of their lives. From groceries to Christmas presents, many items cost double (even triple) what they were a...
