Source expert help from your local mortgage broker prior to making an offer on any property; your Loan Market mortgage broker has access to every major bank and secure lender in Australia, and can assist you to find an appropriate home loan.
New Zealand housing has become slightly less affordable, according to a new report by Interest.co.nz.
The Home Loan Affordability report revealed that rising house prices combined with a small decrease in fixed mortgage rates, along with the May 20 budget and the prospect of an RBNZ rate rise soon, were all contributing factors.
The decline in affordability was most evident in Auckland and Wellington, where house prices are holding strong and the outlook for the future of the market remains positive.
Interest.co.nz said both first home buyers and investors were holding back from the market until the Federal budget ...
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Categories: New Zealand. Tags: Auckland, First Home Buyers, Investors, Wellington.
An important part of securing the right home loan for your lifestyle, is finding a suitable home. Auckland mortgage broker John Schumacher gives his top tips below for finding the right property:
1. Organise a home loan pre-approval
An official written home loan pre-approval will give you an accurate guide as to exactly how much you can borrow, which means you can negotiate or bid at auction with confidence.
2. Consider your finances
There are serious financial considerations to take into account before committing to a home loan. Speak to a mortgage broker to ensure that you are buying within your limits, ...
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Categories: Finance News, Mortgage Brokers. Tags: Auckland, Home Loan, John Schumacher, Property.
