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Mortgages & Loans, Financial Services
Mortgages & Loans, Financial Services
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AI is revolutionizing industries across the board, and the financial advice sector is no exception. In this month's TMM, I delve into how AI is reshaping the mortgage landscape. While AI-powered advice certainly has a role to play in the future, the intricate nature of million-dollar property … View moreAI is revolutionizing industries across the board, and the financial advice sector is no exception. In this month's TMM, I delve into how AI is reshaping the mortgage landscape. While AI-powered advice certainly has a role to play in the future, the intricate nature of million-dollar property transactions, each with unique client circumstances, underscores the enduring importance of independent financial advisors.
Much like the distinction between active and passive investment management, adviceHQ recognises the nuances that set personalised advisory services apart.
#adviceHQ #AI #IndependentFinancialAdvice #Mortgages
🔹 Interest deductibility phasing in
🔹 Brightline periods reduced
🔹 GST capturing AirBnB
🔹 Trustee tax increases
🔹 Tax depreciation removed from non-residential buildings
💬 Further changes may be announced in the budget scheduled for release in May 2024.
💬 The RBNZ is also… View more🔹 Interest deductibility phasing in
🔹 Brightline periods reduced
🔹 GST capturing AirBnB
🔹 Trustee tax increases
🔹 Tax depreciation removed from non-residential buildings
💬 Further changes may be announced in the budget scheduled for release in May 2024.
💬 The RBNZ is also consulting on introducing DTI (debt to income) restrictions and lowering deposit requirements.
💼 Let adviceHQ guide you through these changes to ensure your success in 2024.
#advicehq #RBNZ #nzpropertyinvestor
🏄♀️ Don't miss out on your chance to win a paddleboard worth $1,000 from adviceHQ! 🏄♂️
Join us at the Waipu Easter Carnival this Saturday 30 March, and stop by the Waipu Waterfront Estate stand, where we are proud partners. Simply drop by to enter for your chance to win. … View more🏄♀️ Don't miss out on your chance to win a paddleboard worth $1,000 from adviceHQ! 🏄♂️
Join us at the Waipu Easter Carnival this Saturday 30 March, and stop by the Waipu Waterfront Estate stand, where we are proud partners. Simply drop by to enter for your chance to win. See you there! 🌊
#paddleboard #giveaway
#WaipuEasterCarnival #WaipuWaterfrontEstate #adviceHQ
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Only 2 weeks left until EOFY! For many businesses and accountants, this can be a challenging period with debts and deadlines looming. However, it's also an exciting time as we prepare to launch into the new financial year.
Advicehq understands the pressures you're facing. That's … View moreOnly 2 weeks left until EOFY! For many businesses and accountants, this can be a challenging period with debts and deadlines looming. However, it's also an exciting time as we prepare to launch into the new financial year.
Advicehq understands the pressures you're facing. That's why we're here to offer short-term cashflow solutions with no security required, helping you navigate through year-end pressures and prepare for the year ahead.
In Australia, EOFYS is a major sale event comparable to Black Friday and Cyber Monday. When will NZ catch on? We're already seeing exciting offers like no interest and no repayments for the first 4 weeks from some lenders, T&C's apply.
Reach out to Advicehq today for personalised financial solutions.
#eofy #smebusiness #smefinance #advicehq
EOFY = End of Financial Year
EOFYS = End of Financial Year Sale
The Government has announced that interest deductibility on residential investment properties will be phased back in starting from April 2024. This means that affected taxpayers will now be able to claim 80% of their interest expenses from April 2024, with the deduction set to return to 100% from … View moreThe Government has announced that interest deductibility on residential investment properties will be phased back in starting from April 2024. This means that affected taxpayers will now be able to claim 80% of their interest expenses from April 2024, with the deduction set to return to 100% from April 2025.
This decision backtracks on the coalition agreement, which initially proposed 60% deductibility from April 2023.
Associate Finance Minister David Seymour stated, “Landlords have been hit hard by rising mortgage interest rates and increasing interest deductibility limitations, especially during these times of economic strain. These costs often get transferred to tenants, contributing to the soaring rental prices in New Zealand.”
In light of this policy shift, should we be wondering if the Brightline changes will be "amended"?
It is worth noting that changes to banks' servicing tests are expected, which could have a significant impact on property investment financing.
For independent financial advice tailored to your family or business, reach out to adviceHQ.
#InterestRates #MortgageRates #nzpropertyinvestor #advicehq 🏠
According to the latest figures from Barfoot & Thompson, the real estate market has shifted to a buyer's market, marking a change from previously balanced conditions. 📉
The big question on everyone's mind is: How long will this buyer's market last? ⏳
Whether you're … View moreAccording to the latest figures from Barfoot & Thompson, the real estate market has shifted to a buyer's market, marking a change from previously balanced conditions. 📉
The big question on everyone's mind is: How long will this buyer's market last? ⏳
Whether you're looking to buy, sell, or invest, Advicehq provides independent financial advice tailored to your needs.💰
#advicehq #mortgage #mortgages #nzpropertyinvestor
2pm Wed 28 Feb, the RBNZ will unveil its eagerly awaited OCR decision, marking the first such announcement since 29 Nov 2023. What can we anticipate?
The RBNZ has adopted a hawkish stance, signaling potential rate hikes amidst concerns over domestic inflation - a sentiment echoed by ANZ's … View more2pm Wed 28 Feb, the RBNZ will unveil its eagerly awaited OCR decision, marking the first such announcement since 29 Nov 2023. What can we anticipate?
The RBNZ has adopted a hawkish stance, signaling potential rate hikes amidst concerns over domestic inflation - a sentiment echoed by ANZ's Chief Economist, NZ's largest bank.
Contrastingly, the majority of economists have taken a dovish position, cautioning against rate increases. They underscore the impacts of the successive rate hikes (+4.25%) over the past 2.5yrs and the softening underlying GDP, despite robust migration figures.
Adding to the complexity, our Prime Minister, Christopher Luxon, has characterized the nation's current state as "fragile."
Market sentiment have been oscillating. Wholesale market funding rates experienced a -1.16% decline from 4 Oct to 29 Dec 2023, (refer to 2yr swap rate graphic). However, since then, they have rebounded, increasing +0.57%. Concurrently, retail mortgage rates have seen some reduction but not to the same extent.
Market dynamics are influenced by a plethora of factors, including local and international data releases like employment figures, inflation rates, and GDP growth. Moreover, commentary from influential figures - sometimes referred to as "jawboning" - can significantly sway market sentiment.
Ultimately, the RBNZ holds the reins, but it's far from a predetermined outcome.
If you are seeking independent guidance on your refix, restructuring, or refinancing options, reach out to adviceHQ today.
#advicehq #RBNZ #ocr #interestrates #mortgagerates
🏡 The reintroduction of 5% deposit mortgages signals a positive outlook for the housing market. 📈 While this move demonstrates confidence, it's essential to note the stricter lending criteria and associated terms and conditions. 📝 Access to this product may be limited, but it's a… View more🏡 The reintroduction of 5% deposit mortgages signals a positive outlook for the housing market. 📈 While this move demonstrates confidence, it's essential to note the stricter lending criteria and associated terms and conditions. 📝 Access to this product may be limited, but it's a step forward for aspiring homeowners.
Curious to learn more? Contact adviceHQ for detailed insights and guidance. 🤝 #firsthomebuyers #mortgages #adviceHQ
Annual inflation has taken a notable dip to 4.7% in December 2023, marking a significant drop from the 7.3% peak in June 2022 (Stats NZ graph below).
While still above the RBNZ target range of 1-3%, the positive trajectory is undeniable.
This lower inflation trend aligns with market and … View moreAnnual inflation has taken a notable dip to 4.7% in December 2023, marking a significant drop from the 7.3% peak in June 2022 (Stats NZ graph below).
While still above the RBNZ target range of 1-3%, the positive trajectory is undeniable.
This lower inflation trend aligns with market and economist predictions, strengthening the belief that the next move by the RBNZ could be an interest rate cut. The debate on the timing continues, but the overall direction is promising for businesses and consumers alike.
As banks continue to close branches, the shift towards relationship banking with brokers becomes more prominent. While branch closures may seem inconvenient, the rise of digital banking and the accessibility of independent financial advice through brokers present unique benefits.
adviceHQ are here… View moreAs banks continue to close branches, the shift towards relationship banking with brokers becomes more prominent. While branch closures may seem inconvenient, the rise of digital banking and the accessibility of independent financial advice through brokers present unique benefits.
adviceHQ are here to help you and your family, talk to us now.
#advicehq #mortgages #interestrates #nzpropertyinvestor
🏡💼 Ready to turn your dreams into reality? Whether it's a new home, investment property, bach, or business venture, adviceHQ is here to guide you every step of the way! 🌟💰
🏠 Explore mortgage options tailored to your needs.
🛡️ Secure your family with the right insurance.
… View more🏡💼 Ready to turn your dreams into reality? Whether it's a new home, investment property, bach, or business venture, adviceHQ is here to guide you every step of the way! 🌟💰
🏠 Explore mortgage options tailored to your needs.
🛡️ Secure your family with the right insurance.
💡 Plan for the future with expert KiwiSaver advice.
📈 Explore business opportunities.
Let 2024 be the year you achieve your property and finance goals! 💪🚀 Unlock your possibilities with adviceHQ.
#newyearnewgoals #mortgages #propertyinvestors #insurance #kiwisaver #financesuccess #adviceHQ 🏡🔑💼
Markets still believe interest rates will fall as long term rates are lower than short term rates, the question is when? The article below reflects what we have seen from clients, increasingly favouring an 18mth refix to hedge their bets. That said, each situation is different so decisions need to … View moreMarkets still believe interest rates will fall as long term rates are lower than short term rates, the question is when? The article below reflects what we have seen from clients, increasingly favouring an 18mth refix to hedge their bets. That said, each situation is different so decisions need to be personalised with independent financial advice #advicehq #mortgagerates #refix
More Kiwis want independent financial advice with 60% of mortgages written by mortgage brokers at NZ's biggest bank.
adviceHQ provides a private banking experience with independent advice on mortgages, insurance, KiwiSaver #mortgagebroker #mortgages #adviceHQ
Refix or Refinance or Restructure? Everyone’s situation is different and everyone’s risk appetite is different. It is not a matter of what the rates look like today, it’s what they may look like at the end of your next fixed term. #adviceHQ consider current facilities, future plans, market … View moreRefix or Refinance or Restructure? Everyone’s situation is different and everyone’s risk appetite is different. It is not a matter of what the rates look like today, it’s what they may look like at the end of your next fixed term. #adviceHQ consider current facilities, future plans, market rates, cashbacks, interest only and loan terms, and ultimately what is best for you.
Get in touch with #adviceHQ 90 days in advance of your refix date to keep your options open.
I discussed the implications of DTI (Debt to Income) testing with NZ Mortgage Magazine, article below. The RBNZ is almost certain to introduce measures in March 2024 which may have unintended consequences. Plan ahead with independent advice. #adviceHQ
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