Facilities are being put in place to temporarily assist customers facing cash flow issues. Options include.. Access: Waiver of home loan application, top-up, and re-documentation fees (Early Repayment Adjustment fees…
Facilities are being put in place to temporarily assist customers facing cash flow issues. Options include.. Access: Waiver of home loan application, top-up, and re-documentation fees (Early Repayment Adjustment fees…
This morning the Reserve Bank has slashed the Official Cash Rate by 0.75% to 0.25%. We have never been here before folks. Historic. Floating interest rates and short term fixed…
On one day back in late June 2016 when the UK voted for Brexit our 5 year swap rate fell by 7% to 2.32%. With a global flight from equity…
The OCR was kept on hold today @ 1%. The Monetary Policy Committee adopted a wait and see approach. No changes to Bank lending rates at time of writing.
Merry Christmas to one and all. A big thank you to long standing clients and lending partners. Hope you all get to feel some warm sand between your toes. :-)
HSBC has today slashed all its fixed home loan interest rates to 3.35%. 1 year fixed through to 5 years fixed are all 3.35%. Historic lows.
Today the Reserve Bank slashed the Official Cash Rate from 1.50% to 1%. This is the lowest rate in NZ's history. Swap rates which largely determine fixed interest rate pricing…
The Reserve Bank held the OCR at 1.50% today but cited "....weaker global economic outlook and the risk of ongoing subdued domestic growth, a lower OCR may be needed over…
The Reserve Bank has today cut the OCR from 1.75% to 1.50% citing "continuing house price softness in some areas" which means in Auckland. It seems unlikely that the 4…
Utilising its global muscle HSBC is offering 3.69% fixed for 2 years for new borrowers seeking to borrow $500k +.