Opinion: 10 reasons why the March housing surge was an ‘Indian Summer’
Opinion: 10 reasons why the March housing surge was an ‘Indian Summer’
By Bernard Hickey The weather as I write this (driving hail here in Auckland) suggests winter has arrived with a vengeance, but an initial look at a closely watched indicator of house sales out today appears to show the sun returning to the market that drives the New Zealand economy. Real Estate Institute of New Zealand (REINZ) figures show housing sales volumes jumped 28% to 6,694 in March from February, which was the best monthly sales figure since the market peak for prices in November 2
Words from the (investment) wise 4.12.09
Words from the (investment) wise for the week that was (April 6 – 12, 2009) Five in a row! Notwithstanding sentiment for equities waxing and waning for most of the Easter-shortened week, bourses closed strongly on Friday and capped a five-week winning streak - the first since October 2007 for the major MSCI and US stock market indices. An encouraging pre-announcement of first-quarter results by Wells Fargo (WFC) provided some confidence for the nascent earnings season and gave a healthy boo
Ten Remortgaging Tips
Here are ten remortgaging tips to help you secure the best rate for your home. 1. There are many types of remortgage deals available. Speak to several lenders to find the most appropriate and low cost deal for you. 2. Ask the lender what the interest rate will be for a remortgage. If it is a fixed rate, be sure to determine the duration. 3. Based on your current mortgage and the new remortgage rate, the lender should be able to give you the amount you will be paying each month. 4.