Today the RBNZ released a "consultation paper" about further lending restrictions being applied in attempt to slow down the price increases of the property market. The majority of Property Investors…
Today the RBNZ released a "consultation paper" about further lending restrictions being applied in attempt to slow down the price increases of the property market. The majority of Property Investors…
In response to the shock Brexit referendum our 5 year swap rate has collapsed by 7% to 2.32% today. This is the reference rate from which the 5 year fixed…
HSBC has broken mortgage records by offering customers a 2 year fixed rate home loan at an interest rate of 0.99 per cent. Sorry folks this rate is for customers in…
The Reserve Bank today left the Official Cash Rate unchanged at 2.25 percent. There is a bias towards further cuts with the statement "Further policy easing may be required ".…
In a sign that the ANZ Bank views the property market as being "toppy" they have reduced the maximum Auckland property lending ratio to 85% (including the LEP fee's). Property…
This 2 bedroom brick and tile unit in St Mary's Bay sold today @ $1,020,000. An end unit In a block of 4 its approximately 59 sqm internally.
The Reserve Bank today left the Official Cash Rate unchanged at 2.25 percent. The housing market was mentioned as has regularly been the case of recent times. ""There are some…
This morning the Reserve Bank updated us with their view of interest rates and the economy which resulted in a cut to the Official Cash Rate to 2.25%. A change…
HSBC is offering 3.95% fixed for 18 Months for a limited time. A headline grabber.
Following the US Fed Announcement this morning the NZ Reserve Bank also kept the benchmark rate on hold. The growth in Auckland house prices received its customary mention with the…