First home buyers

Cam's Blog

Bank offer – good deal or gimmick?

Finally the spring offers banks usually make are now happening as the traditional house hunting season gets into full swing. Last week ASB and Sovereign came out with a two-pronged offer that included a Galaxy Tablet as an inducement to come on … Read more

Floating not the only option

Everyone knows staying on floating is the best thing to do at the moment, right? Maybe. Maybe not. This week the Reserve Bank (RBNZ) kept the Official Cash Rate (OCR) on hold and signalled no increase in this rate until next year, thanks in large … Read more

Westpac say fix, ANZ say float

Last week the RBNZ Governor kept the Official Cash Rate unchanged — no surprises there. However he also reduced their forecast of future rate rises. This is something the market had predicted and we've seen the longer term fixed rates fall over … Read more

Mortgage Round Up – Sept 2010

Do we do have momentum? There is no doubt that the economy is recovering, albeit slowly and on a slower basis than previous months.  Yes it’s a bit patchy with uncertainty still holding us in check but this will be the pattern for the balance of the … Read more

Round Up – July 2010

Media make rate rises more dramatic than they really are Interest rates getting back to normal Lending criteria remains conservative To fix or float? Are your hands getting numb yet? Surely consumers must have pins and needles by now because as … Read more