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?'
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.
The graph shows the significant movement in mortgage interest rates that has been experienced within past decade. Since 2000 the floating rate has peaked at 10.7% in mid 2008. The highest floating rates were 20.5% back in June 1987.
Disclaimer: Every possible effort has been made to keep the information in the rates tables as accurate as possible, however, neither the publishers of Mortgage Rates nor anyone engaged to compile these tables accept any liability for inaccuracies or any loss suffered as a result. It is strongly advised that readers check loan details directly with the provider concerned.