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Global Unrest & Your Mortgage: Why Events in Iran Matter to NZ Homeowners
In the last few weeks, headlines have been dominated by the escalating crisis in Iran and the effective closure of the Strait of Hormuz. While these events feel worlds away from the New Zealand property market, they are currently the primary drivers behind the recent “pivot” in local mortgage rates.
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What to Do When Your Loan Is Up for Refixing and Rates Are Falling
When your mortgage is coming up for refixing, it’s a chance to evaluate your financial situation and take advantage of what’s happening currently with rates continuing to fall. Lower rates can reduce your monthly repayments, but there are several key steps to consider to make the most of this opportunity.
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