Low rates are going fast... should you refinance now?
The mortgage interest rate rise has begun and interest rates for mortgages have started to creep up from the end of last week. The largest home loan lender in New Zealand is ANZ and they announced at the end of last week that it was to follow ASB with an increase to its home loan interest rates... along with Westpac and BNZ.
Are you in a current fixed term? Do you know when your fixed term is ending?
The clock is now ticking to lock in the record low interest rates New Zealanders have been enjoying for their home loans. If you don’t know where to begin then begin with us. We are here to help. Our service is free of charge and we can offer you a free mortgage health check to see if you should refinance and re-fix your mortgage before more changes to rates happen.
We’ve got a couple of recent case studies that highlight the BIG savings that can be made when you refinance. So even if you are unsure, make a quick online request or give us aa call on 027 472 5244 to tell us your basic position and one of the team will be in touch to see if there are savings to be made.
It is even worth exploring if you are in a fixed term as paying the break fees can often still save you significant money in the short, mid and long term.
The window of opportunity for grabbing record low fixed mortgage rates is closing fast - get in touch for your free mortgage health check now.