First Home Buyers - July 6th Squirrel: First Home Buyers – A Time to Buy Mortgage rates have peaked and the market has cooled. Squirrel's John Bolton explains why it's a good time for first home buyers to enter the market. Lately, there’s been a lot of talk about the shift …
First Home Buyers - June 14th Fixed or Floating Mortgage Rates? Over the ditch in Australia, floating rates tend to be lower than fixed mortgage rates. Therefore they are the mortgage rates of choice for most homeowners. But here in NZ, it's the other way around. Currently …
First Home Buyers - June 2nd What Does Debt-to-Income Ratio Mean? Keeping debt at a manageable level is important for good financial health. And your debt-to-income ratio (DTI) is a measure that may be used by lenders when you apply for a home loan or personal …
First Home Buyers - May 30th Co-buying with Friends? Kiwibank’s New Co-Own Scheme Can Help What is Kiwibank's Co-own? While co-buying a home with friends and family has always been possible, it's never been easy. The more people involved with the process of securing a mortgage, the more paperwork involved with …
First Home Buyers - May 24th What is First Home Partner? All You Need to Know! Update September 29, 2023: Due to high demand, the First Home Partner scheme is fully subscribed. As a result, currently, it is not accepting any new applications. There's little doubt that aspiring first home buyers (FHBs) …
Banking & Insurance - May 16th Mortgage Rates: Could You Save $872 Per Month? Over the past few months, the rise and rise of mortgage rates has been precipitous. Last August, the average one-year fixed rate for owner-occupiers on Canstar’s mortgage database was 2.58%. Now it is sitting around …
First Home Buyers - May 12th Squirrel: Moving to NZ from Overseas: How to Get a Mortgage in NZ How to get a mortgage in NZ: After a brutal 708 days of border closures and MIQ lotteries, New Zealand finally began its grand reopening to the world at midnight on Friday 4th March, 2022 …
First Home Buyers - May 5th Squirrel: House Prices Hit, but Will They Fall Further? It probably won’t come as a surprise to anyone who checked out the housing market recently, but house prices are officially on the way down. While some may be treating it like breaking news, in reality, …
First Home Buyers - May 4th 7% Mortgage Rate Stress Test: Will Your Mortgage Survive? Banks are now stress testing new home loan applications with mortgage rates over 7%. What does this mean for where mortgage rates are headed and what does it mean for the average Kiwi mortgage? Canstar …
First Home Buyers - April 28th How to Bid at Auction: Eight Top Tips to Help You Succeed Author: Alasdair Duncan If you’ve ever been to an auction, you’ll know that the experience can be both exciting and tense. As a property goes under the hammer, rival buyers compete to present the highest bid, …
