If you’re a homeowner in New Zealand, you probably dream of being mortgage-free well before retirement. But with rising interest rates, increasing loan terms, and financial pressures, more and more Kiwis are still paying off their mortgage in their 60s and 70s—a situation that can severely limit your lifestyle and financial security in retirement.
Feeling a little dizzy trying to keep up with the news on OCR drops, mortgage rates, and the dreaded "R" word—recession? You’re not alone! So many homeowners have been Googling their hearts out, searching for answers to burning questions about what all these changes mean for their wallets, homes, and futures.
Buying your first home is an exciting milestone, but navigating the world of home loans can feel very overwhelming. With so many terms, lenders, regulations, and options to consider, it’s easy to get lost along the way. In this article we break down the essentials so you can feel confident about securing the right loan and making your dream of homeownership a reality.
In today's fast-paced, hard-working world, the concept of passive income and how to obtain it is becoming increasingly popular. Who wouldn't want to earn money while sleeping, traveling, or spending time with loved ones? Passive income streams offer a way to build wealth without constantly trading time for money. For those of you who are thinking – “why don’t I just manage this property myself? It’ll save me money as opposed to working with a property manager, and it sounds relatively straightforward” approach with caution - there can be many hidden risks that you’ll uncover along the way, which may cost you thousands.
Jacque and Jeff Elias from Futurebound, a Mortgage Advisory company which specialises in helping New Zealanders get a mortgage, grow their wealth, and become financially free has won an Award at the 2023 Business xCellence Awards.
If you’re thinking that there is A LOT going on in the property market at the moment, you’re right. House prices are down, interest rates are up, and we have a new government whose policies aim to make owning rental properties a bit easier. During a time like this when house prices are down, you may be wondering whether it’s a good time to buy an investment property to build up your wealth. But how do you know?
What is happening in the housing market right now? Is it on its way up? Is it still on a downward trajectory or is it staying the same? And what on earth does this mean for me? In this article we are going to be talking about what's happening right now in the housing market and what Jeff is seeing from his perspective. We’ll also be talking about what opportunities you can be looking forward to, and what you can be doing right now to prepare to make the most of those opportunities.
What is happening in the housing market right now? Is it on its way up? Is it still on a downward trajectory or is it staying the same? And what on earth does this mean for me? In this article we are going to be talking about what's happening right now in the housing market and what Jeff is seeing from his perspective. We’ll also be talking about what opportunities you can be looking forward to, and what you can be doing right now to prepare to make the most of those opportunities.
If you're trying to get the maximum amount of home loan interest savings and are wanting some certainty around your mortgage repayments, you may be wanting to fix it. But how long should you fix it for? In this article, we’re going to give you four pro tips to help you figure out how long to fix your mortgage for so that you can get the maximum amount of savings on your mortgage repayments as possible, so that you can outsmart the bank when it comes to refixing your mortgage. Pro tip number four is going to save you hundreds of thousands of dollars, so pay close attention to this one!
