The latest insurance claims data from New Zealand’s major health and life insurers tells a consistent story with orthopaedics topping the speciality list, imaging and tests dominating by volume, and claims paid out for members aged 65 and over running at roughly four times the amount paid for those in their late teens. With long […]
Buying a home is a big step, and knowing how much you can borrow is essential to planning your homeownership journey. While it might seem like a purely financial decision, there are many factors—like market trends and new rules—that can impact how much a bank is willing to lend. Understanding these factors can make it […]
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 […]
Refinancing Considerations “If you fail to plan, you are planning to fail!” Picture this: you’re lounging on your deck soaking in those last few rays of autumnal sunshine, sipping a freshly brewed coffee and secure in the knowing that your mortgage is working for you, not against you. However, with many Kiwi’s mortgages coming up […]
