When it comes to the end of your fixed rate period, or you are just taking out a new loan, the common question is: Which new fixed term should I take?
This is certainly a difficult question and there are many right answers.
It is important to look at the purpose of the loan, the likely term you need it for, and the actual repayment amounts in relation to your household budget. At Manawatu Home Loans we will help you look at the fixed term options and let you choose the one that suits you best.
"The only interesting data releases this week appeared last Friday when we saw confirmation that house prices are rising again in New Zealand and that retail spending is growing again. The numbers certainly don’t indicate that strong growth lies just ahead with booming house prices. But we have easily passed the worst point for the economy and should expect to see a continuation of the trends we have been writing about since March. Namely – slowly rising fixed interest rates and good support for the NZ dollar along with a housing market recovery that soon will see more activity for builders." said Tony Alexander, Chief Economist, BNZ.
The team at Manawatu Home Loans attended The Home Loan Group (NZ) Ltd annual conference, held in Wellington this month. The purpose is to bring together all franchisees and consultants to meet with lenders and keep up-to-date on lending policies, criterias, and current market trends. It is an opportunity for everyone to get together and discuss processes, as well as celebrate successes at the Annual Awards Dinner.
The team at Manawatu Home Loans are pleased to announce the launch of our new website at www.home-loans.co.nz - please take a look, and let us know what you think! There is lots of information on the home loan process as well as current interest rates and a mortgage calculator. You can also email through an enquiry should you need to get in touch with one of the team, or please phone us. This is a great site to remember when you are looking for our contact details and so on.
Please forward this email to your family and friends, and let them know that the team at Manawatu Home Loans are here to help if they are looking to purchase a house, investment property or refinance.
Go to www.home-loans.co.nz
As you all know we need insurances:
- to protect your ability to meet your mortgage payments
- to protect your income
- to provide security for your family
- to proctect you and your family from major medical costs
- to protect you home, contects and car
If you would like a review to see how you are covered, then please contact the team at Manawatu Home Loans and we will be able to suggest one of our brokers with an abundance of expertise, knowledge and experience in the risk industry.
At Manawatu Home Loans we pride ourselves on assisting our clients by co-odinating the purchase process. This means working closely with your solicitor, valuer, real estate agent and rental bureaus to ensure the smooth purchase of a property.
If you have clients, friends or family that are currently out looking to purchase a property, please give them our details and we can assist them in making sure that they are in the strongest possible position prior to making their offer.
With our wide range of contacts in related industries we can ensure that the entire process is made as easy and stress free as possible. Please remember to contact the team at Manawatu Home Loans.