Multi-Property Refinancing in New Zealand: How to Structure Your Portfolio
Multi-property refinancing is a financial strategy that allows property owners to consolidate their existing mortgages into a single loan or to refinance multiple properties under one umbrella. This approach can be particularly beneficial for investors who own several rental properties or for homeowners with multiple residences. By refinancing, borrowers can […]
How Cash-Out Refinance Works: Tap Into Your Home’s Value in 2025
Understanding Cash-Out Refinancing What is Cash-Out Refinancing? When we think about cash-out refinancing, we’re essentially exploring a financial strategy that allows us to unlock the equity we’ve built in our homes. This process involves replacing our current mortgage with a new one that has a higher balance than what we […]
Split Loan Strategies: Mastering Fixed and Floating Rates in NZ
Understanding Split Loans in the NZ Context In today’s dynamic New Zealand mortgage market, split loans offer a strategic approach to managing your home loan. By dividing your mortgage between fixed and floating rates, you can create a tailored solution that balances stability with flexibility. This approach is particularly relevant […]
The Importance of Reviewing Your Home Loan Amid Changing Interest Rates
Interest rates are a fundamental aspect of the financial landscape, influencing not only the cost of borrowing but also the broader economy. When interest rates fluctuate, they can significantly affect home loans, which are often the largest financial commitment individuals make in their lifetimes. A rise in interest rates typically […]
What Are the Costs to Refinance Mortgage in New Zealand?
Refinancing is the process of replacing an existing mortgage with a new loan, typically to obtain more favourable interest rates, lower monthly payments, or to access the equity in one’s property. The procedure involves applying for a new loan, undergoing the underwriting process, and completing the new loan. It is […]
Interest Rates NZ Plummet: OCR Slashed to 5.25% – What This Means for Your Mortgage
BREAKING: OCR Slashed to 5.25% – First Cut in 4 Years! The Reserve Bank of New Zealand (RBNZ) has just made a game-changing move by lowering the Official Cash Rate (OCR) to 5.25%. This reduction is the first we’ve seen since March 2020, marking a significant shift in New Zealand’s […]
Why should you consider a rate and term refinance home loan in New Zealand?
Rate and term refix is a form of mortgage restructuring in which the borrower aims to modify the interest rate, term, or both of their existing home loan. This refix type does not involve withdrawing additional cash beyond what is necessary to cover any associated fees. The primary objective of […]
Why do people refinance loan?
Reducing interest rates is one of the most common motivations for homeowners to refinance their mortgages. When interest rates decline, property owners have the opportunity to refinance their existing mortgage at a lower rate, potentially resulting in substantial savings over the duration of the loan. By securing a reduced interest […]
How to use our Mortgage Refinance calculator NZ to save money
Mortgage refinancing is replacing an existing mortgage with a new one, typically to take advantage of more favourable interest rates, reduced monthly payments, or to access equity in one’s property. When refinancing a mortgage, one effectively pays off the existing loan and obtains a new one, which may have different […]
Navigating Refinance Mortgage NZ: Broker vs. DIY – Pros and Cons Explained
Mortgage refinancing is the process of replacing an existing mortgage with a new one, typically to take advantage of better interest rates, lower monthly payments, or to access equity in the property. In New Zealand, homeowners can refinance their mortgage with their current lender or switch to a new lender. […]
Mastering Negotiation: How to Secure Better Refix Rates NZ with Your Lender
Loan refixing is the process of renegotiating an existing loan’s terms and conditions. This may involve adjusting interest rates, extending the loan term, or modifying the repayment structure. The primary objective is to secure more favorable terms that better suit the borrower’s current financial situation and long-term goals. However, refixing […]