Good news for property buyers
With the incredible global and local challenges that have occurred recently as we’ve navigated the fall-out of Covid-19, much has changed, especially related to the property market. This is a topic that many people are concerned about, largely because it’s not their area of expertise and the perceived potential to make the ‘wrong’ move and lose a lot of money has people hesitant.
Wouldn’t it be great if we had a crystal ball?
Fortunately, for those of us whose business it is to know about these things, interpreting figures and trends in the property world is all part of our knowledge and expertise; it’s our job to help property buyers understand and make sound choices.
If you’ve missed out what has happened so far this year, this is what you need to know:
This current situation is a great opportunity for first home buyers who have been waiting to get onto the property ladder; houses are now more affordable and interest rates are low.
At the same time this is also a great opportunity for existing owner-occupiers to upsize.
On the flip side things may have become harder for some first home buyers with lower KiwiSaver balances, job security, change in employment prospects or more hoops to jump through to get credit or loan approval.
If you are wanting to get onto the property ladder, then the first step is to talk to your local mortgage broker. Whether you looking to buy, refinance or just chat, we are here to listen and guide you.
Eclipse Mortgage Brokers
Our offer of $1,000 towards your house insurance for all mortgages over $500,000 through Eclipse is here to stay. Also, refer your friends and family to us and receive a $250 Prezzy Card when they sign up with Eclipse.