First home buyers

Cam's Blog

What have interest rates got to do with the price of broccoli?

With the RBNZ announcing (last week, May 8th) that they’re lowering the Official Cash Rate to 1.5%, it’s a fact that borrowed money has never been cheaper in New Zealand. I can hear you rejoicing. And why not? It means your existing mortgage … Read more

Cam’s market update – The Go2Guys

Each quarter I participate in The Property Market’s Quarterly Update, where a panel of property industry experts contributes their views on Auckland’s residential property market. This month’s chat was all about where interest rates are headed and … Read more

Spring deals got no spring, so far

Spring has definitely sprung at my place but the banks haven’t really come out firing with a matching burst of gusto. The number of vendors listing property has picked up a wee bit, still not the kind of spring rush one normally expects though. It’s … Read more

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

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 advice

Two interesting scenarios have come across our desks in the last 10 days and I hope they demonstrate to you why you would use the go2guys as your mortgage broker over the DIY approach. In the first case we suggested to a couple that they tidy up a … Read more

NZ interest rate outlook – Sept 2011

Occasionally the tyranny of distance can be your friend and being a little isolated and removed from the debt crisis fallout in Europe is certainly a good thing at this juncture. However while activities in these larger markets do have an impact on … Read more

Home Loan Repayment Calculator

I was reminded the other day about just how important a home loan repayment calculator can be. How's that? Well, I'm in the market for a house for myself right now and although the bank will lend me a certain amount I don't want to use all of it … Read more

The only way is up, baby!

Who can forget Yazz from the summer of 1988. I thought her song was great then, I think it's cheesy now but if you're wondering about interest rates in 2011 then the sentiment of the song is spot on! The clear expectation over the last 12 months has … Read more

There has been quite a lot of noise about (rising) inflation since roughly the end of March. It's the kind of noise that borrowers and wannabe borrowers should keep an eye on. Why's that you ask? Because there's a clear relationship between … Read more