If you do it badly then, yep, I reckon it can. There's been a hell of a lot of chatter in recent weeks about going to the bank and asking for a discount on your floating rate. It's plastered all over this morning's Herald. It was front page news on … Read more
Archives for May 2012
May 30, 2012 By
Seven Fat Cows, Seven Skinny Cows
If you went to bible school as a kid you might remember the story of the Pharaoh of Egypt who had a dream and how Joseph was pulled from his jail cell to interpret the dream. To cut a long story short Joseph said the dream was a message from God that … Read more
May 16, 2012 By
How to lower your mortgage (really)
In the Sunday issue of the NZ Herald the front page was all about how you should be asking your bank for a floating rate of 5.4% - or else you'll leave. Then on the TV One news last night the suggestion was you rock up and demand a floating rate of … Read more
May 14, 2012 By
Baby boomers going bust?
Picture this: You're aged 60 and semi-retired (no it's not a Tui ad...) Your retirement plans are well advanced with money sitting in various investments or your rental properties are now starting to produce income after years of mortgage payments. … Read more
May 9, 2012 By
Thinking about a job change? Hang on a minute
In recent times we've come across two potential clients who are considering a change of job - from a regular salary to contracting - and they asked what effect this might have on their ability to borrow and in turn buy a house. Good … Read more
May 3, 2012 By
Auckland property trucks on for another month
So, April came to a close following some frantic activity continuing the trend that started in Spring 2011. With winter virtually upon us now (there's a frost on my lawn today!) I expect things to calm down as is traditionally the case when the … Read more
