By Donna Marks, a Mortgage Adviser in Wellington
Navigating finances can feel overwhelming, and without a clear understanding you could be left ill-equipped and vulnerable to financial stress. Being financially literate can change
Before you list your home for sale, spend some time ensuring it’s looking its best and that it appeals to prospective buyers. Sometimes all it
In New Zealand, banks do the majority of lending for mortgages and are often the first point of contact for borrowers. But they’re not the
The proposed changes to the CCCFA came into effect on July 7, 2022, addressing some of the challenges that borrowers have faced since the code
Inflation is at its highest level in 30 years, mortgage interest rates are on the way up, and the Reserve Bank of New Zealand (RBNZ)
The changes to the Credit Contracts and Consumer Finance Act 2003 (CCCFA) announced by the Government earlier in June 2022, are due to come into
In its latest budget (May 2022), the New Zealand Government announced a raft of changes that would help more first home buyers get into their
Following an announcement by Consumer Affairs Minister David Clark earlier in March 2022, lending restrictions, which were introduced in December 2021 under the CCCFA, will
On December 1, 2021, the laws around lending money to consumers in New Zealand were changed. Under the new regulations, all lenders are required to
In New Zealand, redraw and offset facilities are fast becoming more popular home loan features for good reason. While mortgage interest rates are an important
