Interest Rate Increases for Longer Terms
The week has seen many mortgage lenders increasing their four and five year fixed interest rates.
Many people have long term rate concerns and have sought certainty by fixing their mortgages which is causing fierce competition in the swap markets to cover lenders funding needs which in turn has driven up yields.
If an individual or business wants to fix a loan, another party needs to take the interest rate risk and based on recent economic events, they want a higher return. Kiwis are now seeing a positive yield curve – that is shorter term rates are lower than the longer dated rates and we have not seen this for sometime. There is a view in the market, that with all the recently announced Government spending occurring we may see inflationary pressures returning in the medium term which is not good for longer dated interest rates.
Speak to Thorners before doing anything relating to a home loan.
Click here to email Thorners or Call Us on (04) 528 8088
Supergold Card Holder Discount Offer Coupon
Thorner General Insurances Ltd offer 10% discount to all Super Gold Card holders New Zealand wide on any Ansvar Insurance Fire and General Policies for personal home, contents and car cover. This discount is over and above the already competative over age 55 age discounts already offered.
Please quote this blog when requesting your insurance quote.
Click here to email Thorners or Call Us on (04) 528 8088
Thorners Online Insurance Quotes and Application
Thorners offer an online life and health insurance quote option where you can obtain quotations instantly online.
Whilst Thorners like to personalise your cover to your situation, many New Zealanders know what cover they want and want to get a price for it now.
Thorners take this a step further as you can also complete an application for Life and Health Insurance online. This should take no longer than 10 minutes to answer the questions and if need be, you can save your application and come back to it at a later stage. The process ensures your information remains confidential to Thorners and the Insurance company.
If you are contemplating taking out a new Life or Health Insurance policy, try our automated service today.
Thorners are only a call or click away if you require assistance or require further information. www.thorner.co.nz also contains informative blogs and information on other topical insurance, mortgage and financial items of interest.
Click here to email Thorners or Call Us on (04) 528 8088
Click here to view our disclosure statement.
Sentinel Lifetime Loan Interest Rate Change from 30 March 2009
Sentinel have advised that the floating rate for their Lifetime Loans will drop to 7.40% p.a. effective from 30 March 2009.
This is a dramatic drop reflecting current market changes and takes affordability of the lifetime loan to a new level.
If you are retired, own a home and are suffering financial distress or just need some additional cashflow, there has never been a better time to consider a Sentinel Lifetime Loan.
Thorners offer a NZ wide service so call or email us for more information on Sentinel Lifetime Loans today. All discussions are confidential.
New Zealand wide service – let us know your situation today to allow us the opportunity to provide you with some options
Click here to email Thorners or Call Us on (04) 528 8088
Click here to view our disclosure statement
Could you financially survive a medical trauma?
Could you financially survive a medical trauma?
· Could you require funds to replace or supplement income if you were seriously ill?
· Could you require funds to cover replacement staff?
· Could you require funds to meet HP’s and the ongoing mortgage payments?
· Could you require funds to make alterations to the house or to change vehicles?
· Could you require funds to retrain for new employment?
· Could you require funds to assist with household chores that may no longer be possible?
· Could you require funds to pay for a dialysis machine at home?
These are a few of the reasons to have funds available to help give you ongoing quality of life and some financial resilience to the pressures you may incur in your time of need.
Every year about 7,000 people in NZ have strokes and whilst many survive, they often have an impaired level of conciousness and mobility. Thats nearly 20 people per day so the odds are not great and thats only one medical condition.
We need to talk if you don’t have a large nest egg available to meet unexpected expenses if you were to suffer a medical trauma.
Click here to email Thorners or Call Us on (04) 528 8088
Easing The Squeeze – 3 Key Review Areas
The current financial climate is proving to be a difficult time for many of us at the moment and I am finding that many of my clients are trying to get through by juggling their finances but they are still not making headway.
I am here to help you and my valued clients and I have taken the opportunity to note three key areas where I can offer assistance to review your circumstances.
Many of us have mortgages on a variety of interest rate options. You may be unaware but a considerable portion of my business involves home loans. I am able to assist with new purchases, top ups to clear existing high interest rate HP’s and credit cards, refinancing existing home loans and advising on fixed interest rate rollovers.
I can currently obtain 12 month fixed rate lending at *5.80% p.a. and a floating rate of *6.80% p.a. with no application fee for refinances, no ongoing re-fixing fees for fixed rate lending and no bank transactional fees. Rates continue to move and we can expect further movement in the next few days. You should contact me before making any home lending decisions.
Call me to discuss your home loan options – you may be surprised how simple the process to change provider can be and the amount of the savings to be made from some subtle restructuring.
We all want to provide cash for our loved ones by having a combination of Life, Trauma, Medical and Disability Income insurance but balancing premiums against our budgets can be an ongoing battle.
In recent times, many insurers have reviewed their premium structures and I am able to offer some extremely competitive pricing especially for top up Life and Trauma Insurance. By reviewing your Medical insurance excess and the wait period on Disability Income cover, it may also be possible to extend the extent of your cover.
If you are looking for large long term Life insurance premium savings and the ability to retain policy affordability well into retirement, then you need to be on the “Level Premium” option for some of your Life cover.
Please allow me to quote and show you the difference levelling can make to your life premiums.
The membership of KiwiSaver continues to grow with over 900,000 current members. I believe in the benefits of KiwiSaver and feel only those Kiwi’s who do not understand it are not members.
From 1 April 2009 members will be able to contribute 2% of their income, down from 4%. This increases affordability and you should discuss your options with me either before joining or before altering your contribution rate.
I would also like to point out that the membership opportunities for children and the nearly retired under 65 year olds are tremendous. Where else can you get $1,000 for free and no need to contribute further if you are not working? Self employed workers not on a PAYE deduction basis for their tax also have the opportunity to contribute as little as $20 per week to get the Government’s match of up to $1,043 p.a..
Speak to me soon about the benefits of KiwiSaver for your personal family situation.
These are only three key areas where I may be able to help you to “Ease the Squeeze”. My website www.thorner.co.nz contains other information and I would recommend to you and your family to browse the information and informative blogs on the website
As an incentive to view the web site, I am offering a free scratchy to the first 50 people to complete the Lifestyle Check and to respond by answering the following question using the “click here to email us” line at the end of the Lifestyle questionnaire…
How many questions are there in the web based Thorners Lifestyle Check?
Any client having a new “Level” Term Life policy issued before 30 April 2009 is also in the draw for a carton of Whitehaven wine – there has never been a better time to talk to me!
As you can see – there is plenty of scope for optimism this year and I am here to help you, your family and your friends. Please refer anybody to me that may be suffering financial distress.
I look forward to hearing from you soon to discuss your options for 2009.
*Mortgage interest rates are subject to change and applications are subject to meeting lenders application criteria and subsequent approval
** All investments are subject to receiving a copy of my Investment Disclosure which is available free of charge from my website or office.
Click here to email Thorners or Call Us on (04) 528 8088
Fundraising in the greater Wellington region
Are you a club, school, society or the like based in the Wellington or Hutt Valley area and looking for a new approach to fund raising?
Contact Thorners to see if we can assist you with a novel new fund raising idea.
