What’s happening to Home Loan Interest Rates ???
The Reserve Bank yesterday reduced the Official Cash Rate (OCR) by 0.25% with ANZ and ASB immediately announcing they were passing on the reduction to their customers, reducing their Variable…
The Tauranga’s Housing Market is “HOT”
The Tauranga’s Housing Market is “HOT” The first quarter of 2015 has been particularly active evidenced by the volume of House Sales recorded. There is high demand for houses in…
Merry Christmas and Happy New Year
Christmas and New Year is a great time to reflect, and get a bit of well deserved rest and recreation. I wish to thank all my clients for your business…
What’s happening to Interest Rates ???
The Reserve Bank Governor emphasised an outlook for higher interest rates in his November Financial Stability Report which is not what we have been hearing from the economic commentators of…
Key Takeout’s from Cameron Bagrie’s Economic Briefing
Key Takeout’s from Cameron Bagrie’s Tauranga Economic Briefing Thanks ANZ for the invite to Cameron Baglrie’s economic briefing which gave me some particular insights which I thought I would share.…
Is Saving Money in Interest Important ???
If you consider your monthly expenses and where your income goes, in most cases the largest monthly expense will be your Home Loan Repayment. The payment usually includes an…
Fix or Float my Home Loan Interest Rate – What’s best for me ???
The Reserve Bank of New Zealand last Thursday increased the Official Cash Rate to 3.5% (+0.25%)which is the third consecutive rate rise in the last 3 announcements. What differs from…
Reserve Bank Restrictions Update – Great Time to Build
The Reserve Bank of New Zealand have made new construction loans exempt from the recently Lending Value Ratio restrictions put in place in October. What this means is if…
The Outlook for 2014
Predicting the future is difficult but reviewing economic trends and markets daily does give you some insight. 2014 is an election year and a time where we see politicians give…
Current Money Market Trends
The Current Money Market movements are telling us something ; Officials Cash Rate 2.50% (unchanged) 90 Day Bill Rate 2.71% (up from 2.65%) 1 Year Swap Rate 3.25% (up…
