All tagged Mortgage

Mortgage be gone!

People tell me that they are investing quite large sums of money in order to get a return but at the same time they have a mortgage. My short and sweet response is typically that “in my humble opinion, you can’t make money while you owe money”. Once I’ve uttered my opinion the fireworks often start.

Offset Mortgages. Really?

Because I threw off the shackles of debt some time ago I have become a little out of touch with mortgages. I’ve had enough emails about “Offset Mortgages” to make me think that this is something I need to look into because there are obviously a few of you out there who either use this system of banking or want to know what it is all about. This blog post may ruffle a few feathers...

House Building 101

The slow moving trainwreck that is the NZ housing market continues on unabated. Those wanting a first home can’t buy one because those owning many homes keep buying them to rent them out to those wanting to buy a first home but can’t afford them…