When we hear and read about market volatility, it is perfectly normal to feel a little nervous. When we consider why there is so much volatility we only need to look towards the USA and the looming threat of global trade wars. The other main concern is that the USA looks to be heading into […]
Unlock the Power of Your Home to Invest in More Property As house prices continue to appreciate, your property may offer you more than a place to live. Instead with the equity you’ve built up over the years, you may have a powerful tool for wealth creation at your fingertips. By leveraging the equity in […]
Last reviewed September 30, 2024 Following the Reserve Bank of New Zealand (RBNZ) cut the Official Cash Rate (OCR) last month, we have seen a slow, but steady, decline in interest rates. Across the main banks, six-month rates are hovering around the high sixes (6.79 – 6.85 percent), while one-year rates are sitting at 6.19 […]
In it’s August review, the Reserve Bank of New Zealand (RBNZ) Monetary Policy Committee announced that the Official Cash Rate (OCR) would be cut to 5.25 percent. According to the RBNZ announcement, the Monetary Policy Committee noted “that the weakening in domestic economic activity observed in the July Monetary Policy Review has become more pronounced […]
Navigating the Market: Key Strategies for Property Investors In today’s fluctuating property market, many investors find themselves facing negative cash flow, leading to a growing consideration of selling their properties. With changes to the bright-line property test coming into force on July 01, meaning that the test will now only be applied if property investors […]
Understanding the Changes to Debt to Income Ratios A debt to income (DTI) ratio is a metric used by lenders to assess a borrower’s ability to manage monthly debt payments and repay a mortgage. It is commonly used in many overseas markets, but it a new metric in New Zealand. The DTI is calculated by […]