Home Loans - March 18th Common causes of mortgage default Co-author: TJ Ryan Kiwis are taking on more debt than ever before. According to the Reserve Bank of New Zealand, in 1988, the average household had around $16,000 in debt and an income of around $35,000 – …
Home Loans - March 12th Is it safe to get a mortgage with a small lender? Co-author: TJ Ryan Last time you went to open a new savings account, or had to visit a branch in person, did you wonder what other financial institutions are out there? Turns out, the big banks aren't …
Home Loans - March 5th Foreign investment in New Zealand Co-author: James Hurwood The rules on foreign property investment in New Zealand are based on whether you're a part-time resident or not and what type of real estate you're planning on buying. New Zealand's foreign investment regulations were tightened …
Home Loans - February 25th What are the best house hunting websites on the market? Co-author: Regina Collins We've rounded up some of the most popular New Zealand real estate sites to help you through this process. Major real estate websites These sites are some of the most well-known and widely-used New Zealand …
Home Loans - February 19th How does a reverse mortgage work? Co-authors: TJ Ryan and Shay Waraker A reverse mortgage is a type of equity release product (ERP). Equity release products come in two forms - credit products and debt-free products. A reverse mortgage is a credit …
Home Loans - February 6th The Banking Royal Commission’s Recommendations in a Nutshell Author: Tamika Seeto This article originally appeared on our Australian website, Canstar.com.au, and is in reference to the Australian banking industry. The banking royal commission’s hefty final report contained 76 recommendations designed to shake up Australia’s banking, superannuation, …
Home Loans - February 4th Judgement Day: The sweeping changes the banking royal commission has proposed Co-author: Petrina Berry This article was originally published on our Australian website, Canstar.com.au and is in reference to the Australian financial services royal commission and the Australian banking industry. Banning advice fees for default super accounts, overhauling the way mortgage …
Home Loans - February 3rd Could you stay afloat if banks increase home loan rates? Co-author: Justine Davies In a reverse of the age-old "What goes up, must come down" saying, it is highly probable New Zealand's current low home rate environment will not stick around forever and that increases are …
Credit Cards - January 23rd How To Manage Your Money In 5 Steps Co-author: Olivia Fairhurst Benjamin Franklin once said that nothing could be certain in this world except death and taxes. To that list, however, you could also add household bills. And, for whatever reason, household bills seem …
Home Loans - January 18th Tips on how to get a home loan Co-author: Mitchell Watson At the end of 2018, the median house price across New Zealand sat at $560, 000, up 1.5% from December, 2017, according to the Real Estate Institute of New Zealand’s monthly report, We're guessing …
