Category: Mortgage
What Things Should I be Aware of When Selling My Home?
Selling a house involves crucial financial considerations. Real estate agent commissions, hidden charges, auctioneer fees (if auctioning), and marketi [...]
Is it better to purchase a house or purchase land?
Choosing between a purchasing rural land or a rental house hinges on goals and preferences. Land offers dream home potential and sustainability, but w [...]
What are some ways to improve your credit score in NZ?
Enhancing your credit score is vital for a successful home loan application in New Zealand. Scores range from 0 to 1000, with 500 to 700 considered go [...]
Should I sell my current house or rent it out?
When deciding between selling or renting your current home while purchasing a new one, carefully consider factors like immediate profit, property appr [...]
What Mortgage Can I Afford in New Zealand?
In New Zealand, rising interest rates swiftly reshaped affordability. Homeowners must assess a "comfortable" limit, adapting to changes, ensuring stab [...]
Is it better to buy or rent a house for 2-3 years?
Choosing between renting and buying in bustling cities for a 2-3 year stay involves weighing short-term costs and long-term gains. Renting initially s [...]
Will Mortgage Rates in New Zealand Go Up or Down in 2023?
Opes Partner foresees a 1-year fixed mortgage rising to 7% in 2023, with potential declines to 4.5% by mid-2026. OECD warns of a slowing economy due t [...]
Reverse Mortgage Explained: How Does It Work and Is It Right for You?
As you grow older in New Zealand, you may face financial challenges, especially during retirement. But there's a solution that can help you access the [...]
Smart Ways to Pay Off Your Mortgage Early and Save Thousands
Buying a home is a big step, but having a mortgage can last for a long time. Luckily, there are smart ways to pay off your mortgage early and save mon [...]
The Dos and Don’ts of Mortgage Management: Common Mistakes to Avoid
Owning a home is a significant milestone in one's life, symbolizing stability, security, and a place to call your own. However, for most people, purch [...]