OCR at an all-time low

May 17, 2019 11:33:47 AM

The Reserve Bank has cut the Official Cash Rate (OCR) for the first time in two years; down 25 basis points to 1.5 per cent, the lowest it’s ever been. Retail banks have been quick to pass on the rate cut: Good news for home owners and first home buyers.


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Topics: Interest Rates, Lenders, nz mortgage, NZ Mortgage Adviser, Home Loan Advice, Mortgage Advice, Borrowing Advice, Borrowing Capacity

Understanding Borrowing Capacity

May 17, 2019 11:24:53 AM

Before going house hunting, it makes good sense to know how much you can actually borrow from your lender. Your borrowing capacity is the amount that a lender will lend you to buy a property. Sounds simple but it’s not: there are all kinds of factors involved that determine the amount a lender comes up with, and your loan amount can vary from lender to lender. Read on to find out more about borrowing capacity.


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Topics: Lenders, nz mortgage, NZ Mortgage Adviser, Home Loan Advice, Mortgage Advice, Borrowing Advice, Borrowing Capacity

Buying a home with a small deposit

May 17, 2019 7:50:00 AM

If you’re struggling to save a deposit to buy a property, you may be wondering what your options are. Should you keep saving and potentially miss out on a bargain or optimal buying conditions in the market, or do you push ahead and apply for a mortgage with a small deposit? While it’s not easy securing a mortgage with a small deposit, it is certainly possible. Here are three ways to do this.


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Topics: LMI, nz mortgage, NZ Mortgage Adviser, Low Deposit, Home Loan Advice, Low Doc Home Loan, Mortgage Advice

What to do if your house isn’t selling

May 14, 2019 7:01:00 AM

Recent data from REINZ shows a nationwide drop in house sales with all indications pointing to a buyer’s market. As the number of property listings at the end of March 2019 was up 14 per cent year on year in Auckland and down just 3 per cent year on year for the rest of NZ, the drop in house sales is not due to less houses coming onto the market. So, what do you do if your house isn’t selling?


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Topics: Properties for sale, house sale, nz mortgage, for sale, NZ Mortgage Adviser, Home Loan Advice, Mortgage Advice

A Practical Guide to Borrowing

May 10, 2019 6:54:37 AM

When it comes to buying property, money is the number one thing on most people’s minds! And understandably so, as it’s likely the biggest purchase you’ll ever make. While a lot of the information you can find online is about preparing a mortgage application, it’s just as important you feel confident about what you’re signing up for once your mortgage is approved. Here are some of the practical things to think about.


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Topics: Lenders, nz mortgage, first home buyer, NZ Mortgage Adviser, Home Loan Advice, Mortgage Advice, First time homeowner, Home Loan Application, Borrowing Advice

End of Year Northern Awards

May 8, 2019 2:26:03 PM

April 2018 – March 2019

MORTGAGE EXPRESS


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Topics: Award Winners, End of Year Awards

End of Year Central Awards

May 8, 2019 2:24:02 PM

April 2018 – March 2019

MORTGAGE EXPRESS


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Topics: Award Winners, End of Year Awards

End of Year Wellington Awards

May 8, 2019 2:22:57 PM

April 2018 – March 2019

MORTGAGE EXPRESS


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Topics: Award Winners, End of Year Awards

End of Year Christchurch Awards

May 8, 2019 2:21:35 PM

April 2018 – March 2019

MORTGAGE EXPRESS


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Topics: Award Winners, End of Year Awards

5 First home buyer mistakes to avoid

Apr 16, 2019 7:57:49 AM

When buying your first home, it’s easy to get swept up in a whirlwind of excitement and make mistakes that could end up costing you later on. Even if you’ve done your research and have a good understanding of the property market, there’s a lot to take in and to think about. Here are 5 first home buyer mistakes to avoid.


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Topics: nz mortgage, first home buyer, NZ Mortgage Adviser, Home Loan Advice, Mortgage Advice, First time homeowner