At the Kiwi Adviser Network (KAN) Industry Awards 2026 held on May 13, Threefold was recognised in *FOUR* different categories – a result we think reflects the caliber of people, advice, and processes across our business. The headline result was our team taking out the Outstanding Advice Business Recognition (5+ Advisers) award. The judges were […]
With housing stock levels up and interest rates falling, now just might be the time to take that leap and get yourself onto the property ladder. Buying your first home is an exciting milestone but navigating the mortgage process can be complex. To ensure you make informed decisions, it’s essential to understand common pitfalls and, […]
Updated 4 December 2024 The Reserve Bank of New Zealand (RBNZ) on 27 November reduced the Official Cash Rate (OCR) by 50 basis points, bringing it down to 4.25 percent. Economists and market commentators suggest that this significant cut reflects the central bank’s strong commitment to stimulating the economy amidst ongoing challenges. With the drop […]
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 […]
Applying for a mortgage can feel overwhelming, but with a bit of planning and preparation, you can present a strong case to lenders. A “perfect” loan application demonstrates not only your income but also responsible financial management and the ability to meet repayments comfortably. Whether you are applying for a mortgage for your first home, […]
Updated: October 23, 2024 Following the Reserve Bank of New Zealand’s announcement that it had dropped the OCR by 50-basis points to 4.75 percent on October 9, we have seen all the main banks drop their rates. ANZ led the way by dropping it’s one-year rate to 5.59 percent, with ASB and BNZ following suit. […]
Following the Reserve Bank of New Zealand’s announcement that it had dropped the OCR by 50-basis points to 4.75 percent on October 9, we have seen all the main banks drop their rates. ANZ led the way last week by dropping it’s one-year rate to 5.59 percent, and this week we have seen ASB and […]
More Good News For Homeowners RBNZ October OCR announcement: What you need to know: Today’s announcement from the Reserve Bank of New Zealand (RBNZ) Monetary Policy Committee that the Official Cash Rate (OCR) will be reduced to 4.75 percent brings fresh momentum to the property market. This decision to cut the OCR by 50 basis […]
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 […]
With interest rates fluctuating, many homeowners who fixed their mortgage rates over the last 12-18-months are now wondering if they should break their current loan. If you’re on a fixed rate like 6.99% and see that the new one-year rate is 6.19%, it’s tempting to ask: Is it worth breaking my fixed home loan early? […]