Displaying 4 of 4 articles tagged with interest rates Remove filter
Interest Rates are Falling: What Kiwi Homeowners Need to Know About Break Fees
With the recent announcement from the Reserve Bank on easing the OCR Banks have responded by reducing interest rates they have on offer that triggers many homeowners to think about refinancing their mortgages to take advantage of the lower rates. While securing a lower interest rate and potentially reducing your monthly payments is attractive, it’s important to understand the potential costs involved, particularly the break fees associated with breaking your existing mortgage.
Navigating the New Zealand Housing Market for 2024: Insights from The Mortgage Advice Company
As we step into the dynamic landscape of the housing market in 2024, it’s crucial to be armed with insights and foresight. Our team at the Mortgage Advice Company is here to guide you through the intricacies of this ever-evolving market, ensuring you make informed decisions for your home financing.
Understanding Revolving Credit vs Offset Home Loan in Saving on Interest Cost
We often have the question posed around how best to pay off your home lending quicker or how best to structure your mortgage set up to cater for different financial needs and goals. Two popular choices are revolving credit facilities and offset home loans. Both these options provide unique benefits that can help homeowners save on interest costs over the long term. In this blog, we will delve into the differences between these two types of home loans and explore how they can be effectively used to reduce interest expenses.
5 Ways our Mortgage Advisers Can Help Customers with your Mortgage Renewal
As your fixed-rate mortgage term comes to an end, it’s essential to make informed decisions regarding your next steps. This is where our mortgage advisers can provide valuable assistance. Our Mortgage Advisers are experts in the lending industry who can guide you through the process of transitioning from a fixed-rate mortgage to a new arrangement. In this blog post, we’ll explore five ways we can help customers who have their mortgage coming off their fixed rate.
