Leverage your current home equity to buy an investment property
Every cloud has a silver lining – even in a soggy market. Many homeowners can use the current economic conditions to their advantage, when advised properly. Understand how you can leverage your current home equity to buy an investment property today. The negative effects of the current cost-of-living crisis and plight of homeowners who bought […]
Fixed mortgage interest rate coming to an end? Time for proper advice.
Interest rates rose as the Reserve Bank seeks to control inflation, although they have stayed steady in 2024 with the current OCR sitting at 5.50%. Is your fixed mortgage interest rate coming to an end? Time for proper advice. According to the latest OneRoof-Valocity figures NZ’s average property value hit bottom in June 2023, falling […]
Investment Property and Getting a Mortgage in NZ
Investment property is a great way to generate passive income and build wealth over time. However, buying an investment property and getting a mortgage in NZ requires a significant amount of upfront capital (sometimes up to 40% or more), as well as a good understanding of the mortgage and local property market. In this article, […]
Refinance your Mortgage
Now could be a great time to refinance your loan with a different bank or speaking to your Financial Advisor about negotiating a better rate with your current bank. Refinancing is an important financial decision that can have a significant impact on your overall financial situation. First up, here is everything to you should know […]
What is a Mortgage?
What is a Mortgage? A mortgage is a loan from a lender to help you complete the purchase of a property. The lender will use the property as an asset for security. You get charged for this home loan through an interest rate. Mortgages are a topic smothering headlines across the world and in NZ […]
Manage your Mortgage, not the other way around.
We always say, do what works best for your goals, needs, and situation. These tips to manage your mortgage, properly will give you ideas to save money, help give you cash in hand while paying down your mortgage. 1. Lower the interest rate if possible If you have the capacity to get a lower rate, […]
