* REINZ House Sales – Down: There were 5763 sales in June,down 6.3% on June 2013 and more than 12% down on May. . * Interest Rates – Up: Fixed mortgage rates have risen sharply over the past few weeks.. * OCR – Down: The OCR is set to increase over coming years. * Immigration […]
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It is a question that I have often heard asked, as well as being a regular explanation made when laying the blame for a period of quieter sales leading up to the general election. Using REINZ property sales statistics covering a total of 7 general elections held over the past 22 years, I found on […]
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Wholesale interest rates have not changed much in the past week but competition between banks for home lending appears to have strengthened. By all means take into account the cash bonuses which lenders may offer if you sign up. But stay focused mainly on the interest rates being offered. I personally would remain willing to […]
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