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Tuesday, March 30, 2021
An interest only mortgage is a loan where the borrower is only required to pay the interest amount of that loan – and not any of the principal – at least until the end of the agreed term.
Interest only mortgages have several advantages and are often used by property investors for a number of reasons.
Wednesday, October 9, 2019
When the subject of interest rates comes up in conversation at this time thoughts immediately turn to how low interest rates are for residential lending and what follows is inevitably the question, admittedly an interesting one, “could they go even lower?”
Monday, December 10, 2018
So. What am I supposed to feel about reputably the best rates offers made since the second world war being offered to me now? If you are not aware, the Major banks are currently offering Mortgage rates of less than 4% for short fixed terms announced by a front page spread in the NZ Herald at the beginning of November. Should I be excited about this?