Check the Sovereign website www.sovereign.co.nz to enter their client competition to win a dream holiday.

Good luck and remember you only have until 28 November 2009 to enter!

If you are not currently a client, contact us for some Sovereign Life Insurance quotes and to arrange an application.   Sovereign also offer very competative home loan options that have no transactional fees.  If you are contemplating a new purchase or have a fixed rate rollover coming up, speak to us about your options.

We are award winning insurance brokers who service clients NZ wide so if you desire service excellence. contact us for a full insurance review soon.

Update 10 December 2009 - It’s been drawn and a Thorners client has won the prize,  Sovereign to contact the client today to sort the arrangements and hand over of the travel voucher.

Thank you for  your interest and contact us if you have any insurance requirements.

Tags: apply online life insurance, hawkes bay insurance broker, Home Loans, Home Ownership, Mortgage Interest Rates, Sovereign dream holdiay prize, sovereign life insurance

Circumstances change quickly in the current financial environment and you may be unaware that the recent mortgage interest rate changes announced on 9 September have widened the gap between short and long term fixed interest rates.  This 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 but there is also significant competition in the New Zealand deposit market, which continues to push the rates higher than they would otherwise be.

 The result is regular reviews of your mortgage have become more important than ever.  Not just to ensure ongoing affordability, but more importantly, to ensure that the structure is appropriate to your current and future needs and goals.

While having some of your mortgage on a floating rate offers flexibility, it is a facility more suited to those who are in a position to place bulk sums into it to reduce their overall lending to obtain the resulting interest savings, even if only for short periods of time.

Unless you are in a position to clear the majority of your floating rate loan in the short term, it may be more appropriate to change some to a fixed interest rate to provide some certainty going into the future.  I do not have a crystal ball but the NZ Treasury predict that short term rates will remain low for the next year and Bank’s have been speculating floating rates will rise back to the 8% level over the next two years.

 Now is also good time to check that you are financially protected and prepared for life’s events – planned or unexpected and ultimately I want to help to keep your home in your hands. The last thing you want to see is your home slipping out of your hands, should you be unable to meet your loan repayments. If you died, would you leave behind enough resources to pay off your home loan and safeguard your dependants’ future?

 I am available to discuss your investment, insurance, mortgage and KiwiSaver needs in what is a difficult time for many of us at the moment so please feel free to contact me anytime if you have any questions. My personal email is denis@thorner.co.nz or ph 04 528 8088.

Click here to view our disclosure statement.

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

Tags: Hawkes Bay Life Insurance, Home Loans, Interest rate changes, Kiwi, KiwiBank Home Lending, Mortgage Interest Rates, Wellington mortgages

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

Tags: bank interest rates, bank lending rates, Home Loans, mortgage brokers Wellington, Mortgage Interest Rates, Napier mortgage brokers

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.

Tags: bank interest rates, bank lending rates, buying a home, fixed rate lending, hawkes bay home loans, Home Lending, Home Loans, house loan, Mike Pero home loans, Mortgage Interest Rates, refinancing home loans, wairarapa home loans, westpac home loans

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

Tags: Fixed mortgage rates, Home Loan interest rate options, Home Loans, Interest rate rise, lending rates

Mortgage interest rate adjustments continue and Thorners now have a low 5.80% p.a. 12 month interest rate available.

Longer terms from 48 months at 6.30% p.a. and 5 years at 6.50% p.a. have risen slightly since last week.

Contact Thorners to review your current mortgage situation and to see if we can help you to ease the current financial squeeze.

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

Click here to view our disclosure statement.

Tags: Ease the squeeze, Financial burden, guardian real estate wellington, Home Loans, LAQC, Lending, Low Mortgage Interest Rates, Mortgage, mortgage advice, mortgage broker, Mortgagee, real estate purchase, refinance, remax wellington, Sovereign, wellington homes, wellington real estate