Everyone wants to lower their mortgage repayments and pay off loans sooner, whether a homeowner or an investor. Refinancing is a great way of achieving this. Even if you secure a good deal with your mortgage, sticking with the same loan too long can be a mistake. Whether the costs outweigh the benefits depends on …
If you need to get a home loan, you can generally go about it in three different ways: applying directly with your bank, consulting a mortgage broker or shopping around for a loan yourself. Many Kiwis go with a major bank as it seems the easiest and fastest option. By reaching out to a mortgage broker …
What is the Mortgage Broker Process in Auckland? Read More »
Navigating the world of mortgages and home loan requirements NZ lenders provide can be confusing, especially for first home buyers. At Mortgage Masters, we’re the independent mortgage broker Auckland city first home buyers can count on for clear advice on entering the NZ housing market. Understand Your Buying Capacity The type of home …
Tips for First Home Buyers Entering the NZ Housing Market Read More »
An economic downturn affects just about every industry in the economy and the real estate sector is no exception. Entering a recession isn’t automatically bad for everybody. While property values will tend to be lower in the short term, most homeowners will still enjoy financial stability in the long term if they intend on holding …
Does Property Mean Financial Stability During a Recession? Read More »
Saving a deposit when you are a first home buyer means knowing all the ins and outs of mortgages in Auckland, as well as understanding the guidelines set out by the CCCFA. Buying a home and saving your first deposit is an exciting process, but it can be tricky. There is a 5-step process to …
CCCFA Guidelines for First Home Buyers Saving a Deposit Read More »
It is important to perform an annual mortgage check up to gain an accurate understanding of how your mortgage is affecting your lifestyle and your daily, monthly or annual budget. The experts at Mortgage Masters are here to let you know that you have options, such as a refinance or restructuring of your mortgage, and …
What is a Mortgage Check Up and Why is it Important? Read More »
As we head into 2022, we are heading into a world dealing with the financial, social and international impacts of Covid-19. Homeowners need to be prepared for higher mortgage interest rates and, in fact, the signs have been around for a while. The latest RBNZ data shows that many with a mortgage have made an …
Buying a New Home During a Time of High Interest Rates Read More »
The age-old question for many first-time home buyers is whether you should buy or build. But is it cheaper to buy your first home than to build your first home? There are many factors that contribute to this answer, such as the location, future renovations, customisation and non-negotiables. These are all impacted by the choice …
Buying a house is stressful and no decision is ever perfect. This is why many people, after purchasing a home or property, can feel home buyer regret. Home buyer regret is essentially when a buyer feels regret after the purchase, despite the property, the happiness or the excitement. This is completely normal, so don’t stress …
The New Zealand property market is one of many industries around the world that was heavily affected by the Covid-19 pandemic. As the world shifts and changes, so too does its people, places and industries. As house prices soared in 2020, the NZ Government in March of 2021 launched a suite of policies aimed at …
The Impact of Covid-19 on the New Zealand Housing Sector Read More »
