As Kiwis grapple with the challenges of cutting costs and re-jigging finances to try and meet growing mortgage costs, here are a few tips to consider to help you prepare for (and survive) higher interest rates.
We're fast headed towards the last OCR announcement of the year, and it's going to be a big one. In his latest market update, JB shares his expectations on where interest rates could get to, and a bit of an update on the housing market more broadly.
Ballooning costs and tougher servicing requirements are causing a lot of headaches for property investors these days, and planning ahead has never been more important.
There's not much cause for optimism out there among global economy headlines at the moment - but the outlook for New Zealand isn't all bad.
With the Reserve Bank set to make its next OCR announcement this week, what does that mean for interest rates? JB shares his hot takes on that, and what's happening with house prices.
Property investors are probably feeling a bit disillusioned with the lack of "easy" opportunities out in the market of late. But there is one option which is coming into its own - and that's the option of develop-and-hold.
The market's been undeniably slow in recent months, but between stabilising interest rates and greater choice, buyers are starting to dip their toes in once more.
Bank servicing requirements have become increasingly difficult to pass in recent months, causing all sorts of chaos for property investors caught short when it comes time to buy or sell. So, where do you turn when traditional lenders say no?
This month's housing market update brings reassurance for those feeling panicked about where interest rates could end up, and highlights opportunity for prospective home buyers.
Anyone who'd just got their foot on the property ladder when the market started to turn will be feeling rough after the last few months - but it's not all bad news.
The long-awaited return of choice to the housing market isn’t the only good news for first home buyers to be feeling positive about right now - changes to Kāinga Ora First Home schemes and CCCFA legislation add to the good news.
So, the tables have turned and we've finally entered a buyer's market - but how do you navigate the apparent minefield of increasing mortgage rates and falling house prices?