The Official Cash Rate was lowered by the Reserve Bank, but what does that mean for you? Cheaper mortgages? In general, yes.
Perhaps you have your current mortgage at 6.5% and see 4.35% advertised. Should you re-fix your existing loan or take out new one? And should that be for one, two or three years?
A very important thing NOT to do is contact your lender! There are a lot of things to take into account first, and I can walk you through them (remember my consultations are free, so you are risking nothing by asking). Existing fixed loans will have a ‘break-fee’ which could be many thousands, new loans may carry fees or legal costs, your circumstances may have changed and your current lender may have special clauses that are not readily apparent.
We know which lenders will do what, how negotiable they are and more importantly, how you may be able to take advantage of these new lower rates.
Call me now.
Maria Thackwell The Mortgage Manager Who Understands Your Situation
After 26 years in banking and four years as one of NZ’s top performing mobile mortgage managers, Maria Thackwell started Maria Thackwell Mortgage Company in 2012 to help people build bright futures. Her goal in becoming a mortgage broker was to use her expertise in finance to help her clients get the very best lending deals and make mortgages fun.
Like many Cantabrians, Maria lost her home in the earthquakes. It made her realise that life is short and that the time had come to follow her true passion; giving people the best possible mortgage advice so they can build bright and positive futures. She also understands what it’s like to have her world turned upside down and wants to help families rebuild their lives.
Maria is here to simplify all your lending, whether it’s refinancing, getting a construction loan, a first home loan or investment finance.
One appointment with us is like meeting with lots of financial institutions. We listen carefully to your requirements then match you with the very best lender for your needs. And while we’re 100% Canterbury owned and proud of it, we can help you no matter where you live in New Zealand and overseas. It’s so easy to get started.
Leave A Comment
You must be logged in to post a comment.