Home Loans

Co-authors: Ellie McLachlan and Olivia Fairhurst  Some people might view an interest-only mortgage as an attractive choice when considering finance options for a home. However, interest-only loans were designed with very specific types of borrowers in mind, and …

Co-author: Ellie McLachlan One of the main determining factors of the cost of your mortgage is the interest rate. Even though home loan interest rates are comparatively low at the moment, a mortgage can end up …

Co-author: Olivia Fairhurst Why would you use a moving company? It’s a mammoth task to move all of your worldly possessions to a new location. Unless you have a large enough vehicle and trailer, and plenty of …

Co-author: Olivia Fairhurst There are a great deal of potential hidden costs, just waiting to jump out at you and destroy your building budget. Here are five common ones: 1. Soil test and contour survey Before any builder …

Co-author: Justine Davies In addition to the home loan itself, there are plenty of upfront costs when buying a home. Costs which, particularly for first home buyers, may come as a shock. Here are nine of the …

Come New Year, banks will be allowed to issue 5% more low deposit home loans, thanks to a LVR  regulation change, the Reserve Bank of New Zealand (RBNZ) announced today (28 November). From 1 January 2019 onwards, …

Want to get into your new home quicker? What is the home loan pre-approval process? The home loan pre-approval process, also known as conditional approval or approval in principle, is when your bank conditionally approves or denies you for a …

Some borrowers may be able to save thousands of dollars by switching home loan providers, and this article explains how to do it. Why switch home loans? There are thousands of home loans available on the market, …