Mortgage rate changes released 4 September 2009

September 3, 2009 · Filed Under Home Loans · Comment 

Mortgage rates alter again effective from today so always get advice before chosing your fixed or floating options.

The new interest rate structures released this afternoon by several lenders reflects the changing cost of offshore funds, which banks rely on to supplement the funds their local depositors place with them.

There has been an easing in the cost of shorter term offshore funding rates but there was also significant competition in the New Zealand deposit market, which was pushing these rates higher than they would otherwise be.

Call Denis for free confidential home loan advice on 0274 575 190 or contact the office using the contacts below.  Denis services clients NZ wide.
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Click here to email Thorners or Call Us on (04) 528 8088

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Click here to email Thorners or Call Us on (04) 528 8088

 

Fixed interest mortgage rates rise again in August 2009

August 6, 2009 · Filed Under Home Loans · Comment 

Long term fixed mortgage interest rates are on the upward rise again following adjustments overnight by several lenders.

If you are contemplating refinancing, increasing or taking out a new home loan then talk to Denis at Thorners first.

Denis Thorner provides advice to people New Zealand wide and offers home appointments anywhere from Wellington to Napier. Call him soon on 0274 575 190 for more information.

Thorners – winner of the Best Trade / Service Business Award at the 2009 Upper Hutt Business Excellence Awards.

Click here to view our disclosure statement.

Click here to email Thorners or Call Us on (04) 528 8088