Articles Tagged ‘Loan Market’

New Zealand Financial System Coping Well

Global economic and financial conditions continue to pose risks for New Zealand’s financial system, Reserve Bank Governor Alan Bollard said when releasing the May 2012 Financial Stability Report. “Financial market sentiment has improved since the start of 2012, largely reflecting policy measures in Europe. However, the situation remains fragile given limited progress in addressing Europe’s […]

RBNZ’s Arms Stay Folded

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent. Reserve Bank Governor Alan Bollard said: “Since the time of the December Statement, financial market sentiment has improved slightly, with increased liquidity in European financial markets. However, the global economy remains fragile and risks to the outlook remain. “World prices for […]

OCR on Hold Over Christmas

The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 2.5 percent. Reserve Bank Governor Alan Bollard said: “As foreshadowed in the September Statement, global conditions have deteriorated. Continuing difficulties related to sovereign and bank debt in a growing number of European economies have resulted in high levels of volatility in financial markets. There […]

Floating Mortgages in Demand

Demand in floating rates is on a high with many New Zealanders opting for a floating rate home loan over fixed rate home loans. Many home owners are switching due to the competitive landscape with banks launching almost daily special offers and discounts on floating interest rates. But is floating the right move? It’s certainly something you […]

The Best of DIY Renovations

If you are considering home improvements this festive season you may be considering the benefits of a do it yourself (DIY) project. DIY is not for everyone; in fact it’s not for most people. Here are some ideas to help you plan for your project and to help you decide whether to DIY or not […]

Central Bank Will Wait and See

At its October board meeting, the Reserve Bank of New Zealand (RBNZ) left the official cash rate (OCR) hold at 2.5 per cent. The decision by the RBNZ demonstrates its ‘wait and see’ approach, expected to carry through to early 2012. “Given the ongoing global economic and financial risks, it remains prudent to continue to […]

Renovating to Sell

Thinking a renovation might give your property the edge in today’s buyer’s market? Renovating is a great way of adding value to your home. But like most creative projects renovating can be frustrating and stressful – that’s where a Loan Market mortgage broker can help. Depending on the size of your renovation project, you could […]

Investing in Property – Know Your Options

People chose to invest in property for a variety of reasons. Often they chose this avenue to build a retirement portfolio whilst they continue to work a full-time. Because having a life, a family,  plus a full-time role is enough to focus on, investors subsequently chose to appoint a property manager to deal with the challenges […]

Central Bank Holds Rates

At its September board meeting, the Reserve Bank of New Zealand (RBNZ) Governor Alan Bollard has, as anticipated, left the official cash rate (OCR) unchanged at 2.5 per cent. The decision by the RBNZ indicatesNew Zealand’s strong local economy, Dr Bollard stating at his September Monetary Policy Meeting “If recent global developments have only a […]

Competitive Loans for DIY Renovations

The saying ‘a little change can be as good as a holiday’ has never rang more true when considering renovations and DIY home upgrades. Before getting stuck into the exciting parts of your renovation project you should consider which line of finance is best for your renovation project needs. Renovating your home can be exciting […]