Tools to help you with your mortgage
Housing Bubble, by Kieran Trass
Kieran Trass, real estate investor, advisor and commentator, reassures us that yes, we can still make money at all stages of the property cycle - slump, recovery and boom - the key is having the right knowledge and information.
The Housing Bubble simplifies a complex subject and shows us how to identify each phase of the real estate cycle; the key indicators driving the market through each phase; and how to use this knowledge to grow rich.
Trass charts house prices through previous booms and slumps up to the current date and predicts the likely housing recovery in New Zealand, Australia, USA, UK and Canada - along with the challenges that lie ahead.
You will learn: * 'What really drives the real estate cycle?' Differentiating between the key drivers, such as migration, and the lesser impacting factors, such as interest rates.
* 'How will we know when the slump is coming to an end?' Reading the clues that the market is shifting.
* 'When is it a good time to buy real estate?'
* 'How long will the current slump last? When will we see market recovery?'
* 'Is the real estate cycle mirrored across all major economies?'
Click here to purchase your own copy of Housing Bubble for $39.95 (+$4.75 p&p).
Save money on your mortgage
Save Money on Your Mortgage, by Martin Hawes
Best-selling Kiwi author, Martin Hawes offers invaluable guidance towards beating the bank at their own game.
This latest edition of Save Money on Your Mortgage has been updated and revised to meet the constantly evolving needs of new home owners and anyone currently paying off a mortgage.
Hawes tells you everything the bank will not, setting you on the path to financial freedom. You will be given the chance to understand the huge difference between what you borrow and what you pay back, as well as learning how to cut your banker's profit, greatly reducing your mortgage repayments in the process.
Save Money on Your Mortgage is an absolute must for every home owner, and could literally save you thousands of dollars.
Click here to purchase your own copy of Save Money on your Mortgage for $30 (+$4.75 p&p).
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The OCR ain't going anywhere
The new Reserve Bank governor, Graeme Wheeler, predicts that the official cash rate won't by going anywhere until 2014.
This is clear from the 90-day bank bill forecast graph in the December Monetary Policy Statement. It shows clearly how over the past year forecast increases kept getting pushed down each quarter.
A year ago the bank was predicting the 90-day bill rate would be up at 4.00% by March 2014. That forecast was wound back to 3.3% in March, 3.2% three months later and is now down at 2.8%.
The good news for borrowers is that, asssuming things pan out as forecast, then home loan rates aren't likely to be going up any time soon either.