With election year coming up in the States, efforts will be made to bolster the appearance of the economy. Such is the dark world of big politics. It may just be window dressing.
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Interest Rates
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The Fed increased their base rate for the first time in nearly ten years. NZ traditional follows this path at some point, I'd pick 12 to 18 months.www.ilender.co.nz
Financial Paramedics
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Originally posted by brokerman View PostSBS just announced they withdrawing their 3.99% on 8th Jan, just so you know
Any exception for favourable LVR (say 50%) or high income serviceability? If it is strictly enforced, what rates do they offer for rental properties?
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Originally posted by xsfat View PostDoes anyone know if SBS is insisting on the owner-occupied condition for the 3.99% special?
Any exception for favourable LVR (say 50%) or high income serviceability? If it is strictly enforced, what rates do they offer for rental properties?
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Originally posted by jp_rocks View PostWhen we spoke to them, they were happy to spread the 3.99% rate across our OO and IP, but with a maximum lending amount at 3.99% of 80% the value of our OO property, the remainder being at 4.25% for the 12 months.Free online Property Investment Course from iFindProperty, a residential investment property agency.
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Anyone managed to get a non-SBS bank match the 3.99% offer for an IP?www.PropertyMinder.co.nz
# Property Management
# Ad Hoc Tenancy Services / Rental Inspections / Terminations and Notices
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$481k fixed loan expiring on 30th Jan.Got an offer of 4.3% 1 or 2 year. Already locked in for another 18 months as I got cash back of $4300. Any thoughts? Should I push for $4.2%. Banker said rates gone up already etc. etc. so it's hard to offer anything better.
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