Category Archives: Finance Updates

Message from Sovereign to HomelinkFinance We can help Sovereign Home Loan clients with the following: An additional loan of up to $10,000 for 90 days at the special floating rate of 1.25% p.a. below Sovereign’s floating rate i.e. 5.10% p.a … Continue reading →

Kiwi saver criteria If you have been with Kiwisaver for 3+ years and are over 18 years old then you can apply for the tax free $3000 government grant toward a home. The grant increases to $4000 in 2011 and … Continue reading →

If you’re like most people, your mortgage is your largest monthly expense. But, how do you know if you’re paying too much for your mortgage? With interest rates at near record lows, many homeowners could be saving hundreds of dollars … Continue reading →

If you are wanting to refinance or sell a property and get a higher valuation then you may be wanting to do some cosmetic improvements but don’t necessarily want to approach your bank since this is short term money - to … Continue reading →

There is a huge challenge at the moment for Christchurch investors and people in general, not only about the damage and loss of life but also in regard to lending and insurance. People are trying to settle home purchases and … Continue reading →

This is once again available and Kiwisaver funds can be used if the borrower is eligible. However, the banks want the cream of borrowers and will not go to this LVR unless its a strong application but well worth applying … Continue reading →

Most major banks have dropped their floating rates, the fixed rates had already gone down several times. Evidently historically approximately 15% of borrowers were on floating rates and floating was higher than the fixed rate. Currently around 40% of borrowers … Continue reading →