Canterbury Property Investors Article August 2015
August 13, 2015
Economic turbulence continues in the world, in the New Zealand economy and in the local mortgage market. With the OCR drop in June and several
Economic turbulence continues in the world, in the New Zealand economy and in the local mortgage market. With the OCR drop in June and several
23 July 2015 The Official Cash Rate has been cut again today and while the reasons behind it are a little disturbing, the result is
What interesting times we have in the Mortgage Industry with lenders continuing to be very aggressive in their pricing and sub 5.00% interest rates becoming
Interest Rates It has been a fascinating start to 2015. It’s been the busiest beginning to a New Year that I have ever seen (and
The Tony Mounce team are settled into our new offices at 1 Rimu Street, Riccarton. Come in and say hi if you are passing.
The big news this month is the Election result and the positive effect the result will have on the property market, particularly the investor property
A slow-down in sales Now that we are in the depths of winter we are certainly seeing a slow-down in property sales and hence mortgage
Interesting to note that in the last couple of weeks two banks have actually phoned wanting to look at 90% deals as they have money
As we head into winter the most pressing thing on Property Investors’ minds seems to be the Reserve Bank, or at least the things they
Interest rates continue to rise overall as the OCR rises, however we are seeing fierce competition in that under 80% space and discounting can be
With inflation and commodities down and the NZ dollar up, one would have thought that interest rates could have been retained and current levels. But
As you will be aware the Reserve Bank put up the official cash rate to 2.75% on Thursday. This will generally have an immediate impact
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