I have read with interest the news around the offers made to Christchurch Red Zone home owners from several of the banks. Of note the first to the market was ANZ. A summary of their offer is as follows: Reduced variable interest rate of 3.70% for 12 months (discount of 2.04%). Ability to draw the […]
Category Archives: Financial, Home and Mortgage
By Justin Hayward Last week Dr Bollard released his Monetary Policy Statement, confirming that there will be no changes to the OCR this month. However, from his comments we can assume that we are likely to see rate increases around the end of the year or early next year. There are no surprises there. However […]
Rightly or wrongly my business has been brought into disrepute. Last night on TVNZ’s Close Up, a piece focused on Kerry Buddle, a former mortgage broker working in the Kapiti Coast area. She was portrayed by the show as borrowing money from clients for various projects, which appear to be fictitious. As a mortgage broker […]
BNZ-REINZ Market Survey Page 1 Mission Statement To help Kiwi businesspeople and householders make informed financial decisions by discussing the economy in a language they can understand. NZ Residential Real Estate Market Improving Welcome to the first report outlining the results of our new monthly survey of licensed real estate agents aroundNew Zealand. What […]
Over the last couple of weeks we have seen a significant drop in variable interest rates on home loans. This has come about largely because of the 50 point cut to the OCR earlier this month. It seems as though the banks were pre-empting a cut, and they passed this cut on almost immediately to […]
Thursday 27/1/2011. Today RBNZ Governor Alan Bollard delivered his 6 weekly OCR announcement. Although this is always met with news headlines, the message hasn’t changed for some time. Rate held 3%. He stated that he would like to see more robust growth before he looks to raise the Official Cash Rate. So the question remains, […]
Auckland Home Loans provides a better alternative for seeking home loan finance. Our selection of lenders covers main retail banks, non retail lenders as well as insurance companies. We pride ourselves on tailoring the right home loan for your needs and then assisting you with the ongoing management whether it is restructuring payments, top up […]
Justin Hayward, Senior Consultant at Auckland Home Loans, provides a personalised service for those seeking assistance with their home loan finance. With 7 years in the financial services industry you can be confident you have an experienced adviser helping you to achieve your goals both now and in the future. Justin’s philosophy is to ensure […]
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