Property Investor Update October 2014
November 4, 2014
The big news this month is the Election result and the positive effect the result will have on the property market, particularly the investor property
The big news this month is the Election result and the positive effect the result will have on the property market, particularly the investor property
A slow-down in sales Now that we are in the depths of winter we are certainly seeing a slow-down in property sales and hence mortgage
As we head into winter the most pressing thing on Property Investors’ minds seems to be the Reserve Bank, or at least the things they
Interest rates continue to rise overall as the OCR rises, however we are seeing fierce competition in that under 80% space and discounting can be
Incredible as it may seem Banks are moving interest rates now, just before Xmas when Interest rate margins are largely static since the OCR announcement
There has been excellent downward movement this week in short term interest rates, with most banks offering 4.95% or lower for 1 year fixed terms
The interest rate field is reasonably easy to pick at the moment in that the short end will stay low and the long end will
Tony Mounce Mortgages
1 Rimu Street, Riccarton, Christchurch
PO Box 29521,
Christchurch 8440
P +64 3 365 8625
F +64 3 365 8624