Callan Talbot - Loan Market

Whether you’re thinking about purchasing a property for the first time or expanding your property portfolio, it’s natural to want to have an understanding of the mortgage and property market before you make any decisions.

Chief Property Economist at Corelogic, Kevin Davidson, provides 10 insights into the industry based on conversations with both industry professionals and property buyers.
https://adviser.loanmarket.co.nz/capital-coast/blog/10-key-insights-into-the-mortgage-and-property-markets/?utm_source=facebook&utm_medium=organic&utm_campaign=socialpost

Data from Loan Market and CoreLogic has revealed that although the economy in New Zealand is still struggling, inflation is showing clear signs of trending back down towards the 1-3% target.

While there’s no way to know ahead of time for certain what the official cash rate will be, it is an encouraging sign for prospective home buyers.

Many people view lenders mortgage insurance (LMI) as something to avoid. The reality is, in some cases, paying LMI could help you get into the market sooner without saving a 20% deposit, which could end up saving you in the long run.

We can take a look at your situation to see if this strategy could be right for you, and help you achieve your homeownership goals sooner.