OCR increase to 5.50%
Reserve Bank has increased the official cash rate (OCR) by 25 points to 5.50% to tackle the inflation.
Some of the lenders have increased the mortgage rates immediately.
The impact on mortgages, specially being reviewed in the next few months can have significant jump in the mortgage payment.
Take a moment to read through the commentary on reserve bank website: www.rbnz.govt.nz......
Connect with us if you have mortgages up for review in the next few months.
#mortgage #financialadviser #financialadvice #mortgagereview #firsthomebuyer #refinance #ocr #officalcashrate #mortgagerates #skfinancialgroup
Poll: When should the tree go up? 🎄
From what we've heard, some Christmas trees are already being assembled and decorated.
What are your thoughts on the best time to get your Christmas tree up?
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4.7% Second half of November
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43.4% 1st December
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17.6% A week before Christmas
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33.2% Whenever you wish
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1.1% Other - I'll share below
Dental Implants
A successful Dental Implant Placed by Dr Martin J Cribbin at CM Dental ltd in Henderson, replacing a lower left molar which had fractured and could not be root filled.
Where there is sufficient bone the dental implant can offer a better solution than bridge work as there is no damage to the teeth adjacent by cutting them down to create space for the bridgework.
Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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82.9% Yes
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14.3% No
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2.8% Other - I'll share below
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