Category Archives: Banking

Is your coffee habit adding to your mortgage

Is your coffee habit adding years to your mortgage pain?

Is your coffee habit adding years to your mortgage pain? It’s smooth, it’s delectable, and it might just be adding years to your mortgage. The culprit? Your daily cup of joe. A morning coffee has long been a ritual for many Kiwi’s – a ritual that used to take place over breakfast in the comfort…

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Secrets to Successful Refinancing

Unsatisfied with your rates or seeking better customer service? You’re not alone. There are always plenty of borrowers looking for a better deal. But while it might look like a good idea on quick glance, refinancing has its hazards and needs to be considered carefully before going forward. Refinancing may be a necessary tool for…

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Money Checkup

5 Steps for a Mid-Year Money Checkup

We’re halfway through the year. Are you halfway through your financial New Year’s resolutions? I thought I was, but after a quick check on my money I’ve been proved wrong. I’ve got some catching up to do before I can meet my financial goals by the end of the year. If you do too, we…

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Debt

To consolidate or not to consolidate?

Everyone knows that credit card debt is “bad” debt due to the high interest rates on most consumer credit cards. And also due to the fact that most items that relate to credit card or consumer debt depreciate or loose value very fast as opposed to your home mortgage which is for an asset that in most…

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Reserve bank’s announcement 19/07/2016

40 deposit restrictions for investors & further restrictions for first home buyers proposed by RBNZ The proposed changes announced on Tuesday has said no more than 5 percent of bank lending to residential property investors across New Zealand would be permitted with an LVR of greater than 60 percent. This will not only affect investment…

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