by admin | Mar 7, 2023 | Ask Alan News
I cannot count the number of times in my 25 years of mortgage broking I have heard the “I’m waiting for the crash” reason for delaying a buying decision. First – EVERY buyer (me included) hopes for property to be “down” 5 minutes before they buy and then “up” 5...
by admin | Oct 29, 2021 | Ask Alan News
The Reserve Bank has cut rates to low levels to encourage borrowing. This is a good thing. The strategy has worked. Housing and construction are the backbone of our economy – because they generate so much employment and activity. House price has increased – and that...
by admin | Aug 8, 2019 | Home Mortgages, Investment Loans, Mortgage Industry News, Politics
The scene is now set for the rest of 2019. I give credit to the Reserve Bank and the Government for pre-empting. The Reserve Bank cut rates by 0.5% (0.4% of which was passed through) and the Government passed tax cuts through to everyone. What was the background? The...