If you’ve been keeping an eye on your mortgage or planning to refinance, you might have noticed something puzzling: the Reserve Bank of New Zealand has kept the Official Cash Rate (OCR) at 2.25%, yet many banks have been increasing their mortgage rates, particularly for longer-term fixed rates! So what’s going on? If the OCR […]
Why Mortgage Rates can rise if the OCR stays the same Read More »
As part of the process, once you have been unconditionally approved your adviser will negotiate pricing from the bank or lender. This includes interest rates and a cash contribution or is sometimes referred to as a cash incentive. What is a cash contribution? A cash contribution is a promotion that the banks and some lenders
What Is A Cash Contribution? Read More »
Inflation, a hot topic at the moment and we are feeling it in every aspect of our lives, whether its putting gas in our cars, buying groceries, or purchasing new goods and services. Inflation is everywhere. But what is inflation and what impact is this having on out interest rates when we go to refix
Inflation & how this affects your Interest rates. Read More »
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