House purchases have been trickling along over the last few months, with no apparent slow on the market felt from the Reserve Bank’s imposed restrictions on lending. REINZ data show a 2.1 percent increase on October 2012, and an increase of 0.9 percent compared to September 2013.
Housing market indicators provided by the REINZ (October 2013) show house prices are up by 7.2 percent annually, Auckland up by 9.7 percent and the Central Otago Lakes a staggering 19.5 percent. [Read more…]
To Block, or Not to Block?
Are we creating our own Vitamin D deficiency? Last year NZ journalist Ian Wishart published a book titled Vitamin D, which raises questions on our prevalent use of sunblock, melanoma and the symptoms of Vitamin D deficiencies. [Read more…]
Saving money with your vehicle.
Recently, a client found himself off the road thanks to a starter motor problem on his vehicle. He drives a not-very-new used import European car, which he has had very little trouble with in the five years he has owned it.
Now, though, it’s starting to cost him money – and with a young family he has little to spare. [Read more…]
Susan and daughter
Most of us don’t realise we’re under-insured until life throws us a curve ball and we need some cash, at which stage it is too late to change what we have.
This was the case for Susan (not her real name) who was only in her mid-30s with three young children when her husband unexpectedly died.
She received a small life insurance payment but faced an uncertain future when she realised their policies hadn’t been updated in a decade and they had been woefully under-insured. [Read more…]
Mortgage broker says fixed interest rates for housing are rising and it looks like the honeymoon for borrowers is over.
While low interest rates and a shortage of supply of properties are going to remain for quite a while, the entry level market is set to slow significantly as the government restricts the LVR (Loan to Value Ratio). So there is a much greater deposit required, as much as 20% of the purchase price, from October 1.
Some banks have responded by [Read more…]
Financial Protection for Families…
Financial Protection for Wage & Salary Earners…
Financial Protection for Business Owners…
