Aspiring Financial Services

Types of Mortgage - which home loan suits you best?

Tips and news to help your finances Not all mortgages are the same. Table, interest-only, offset, revolving, fixed or variable. What does it all mean? Learn about which home loan would suit you best.

House deposit sources - a new blog

Tips and news to help your finances Where to get your house deposit from and how it will affect your home loan.

NZ property prices have tripled in value since 2003

Here's a link to an interesting article from Core Logic that shows how property values have risen over the last 20 years. When you look at the data, recent price reductions are relatively small compared to long-term increases in value.

If you're looking to buy, or have recently bought, this may not provide much comfort but it does show a historical context of where we are currently and how a correction in values is probably due.

New Zealand property values up by almost 300% since 2003 Since December 2003 (i.e. almost 20 years ago), the national average property value has risen from $263,562 to $1,027,121 – an increase of $763,559, or a cumulative 290%. That represents an annual average increase per year of around 7.5%.

Riding out the KiwiSaver storm - as investments tumble what should you do?

Tips and news to help your finances Investments are taking a hit in 2022 and how this affects KiwiSaver funds.

Make sure you've paid $1,042.86 into your KiwiSaver this year before 30th June.

If you have, then you should qualify for $521.43 of the FREE government contribution. It's an immediate return on your investment, paid straight into your KiwiSaver.

Get in touch if you need any help.

Well this looks like fun.

Stay safe and warm, and have a good weekend Central Otago.

Some clarification on the CCCFA rules that came into effect last year on what's required of lenders when assessing home loan applications.

Whilst they probably won't have a huge effect on the overall market, they should help make the process of applying for a mortgage loan a little less cumbersome.

Fixes finalised for controversial credit rule changes Amendments to the troubled credit rule changes last year will come into force on July 7

New blog - Help for first home buyers - do you qualify for help with buying your first home?

Tips and news to help your finances Changes to eligibility for First Home Loan and First Home Grant were recently announced. Could you now qualify for help with buying your first home?

Some help for first home buyers in today's Budget.

Caps for the First Home Grant have been raised significantly to more realistic levels in the current housing market.

For the First Home Loan, caps have been eliminated altogether.

Budget makes it easier for first home buyers to access First Home Grant or First Home Loan schemes Budget allows for an extra 7000 First Home Grants and 2000 extra First Home Loans every year

Westpac NZ economists raise their forecast OCR peak by 50 basis points Economists at Westpac NZ say RBNZ inflation targeting facing the biggest challenge in its 30+ year history

Are you a part of the 5th largest mortgage lender in NZ?

The big bank we didn't know about - TMM Online New research shows the Bank of Mum and Dad is a busy little lender which more than competes with some High Street rivals.