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The Coming Mortgage Storm: How NZ Property Will Be Impacted

mortgagehq - Andrew u0026 Blandon 13 views

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Comment from : @mortgagehq

Get lost you leeches!
Comment from : @nitsujnaej

Remember 2008? Here it comes again Reserve bank has a lot to answer for Business confidence is up? Unemployment is highest in 8 years, cost of living is out of control and a government that is only concerned with one demographic is a recipe for disappointment What is the new bernie maddoff? Bit coin
Comment from : @grantropiha5746

We must folow whatver the overlords at the Federal Resrve are doing
Comment from : @patrickkalin4437

MIKE JONES
Comment from : @patrickkalin4437

NZ needs to have ACTUAL fixed mortgages I've lived in America for 27 years Our fixed rate mortgages run the entire timeline of the mortgage Meaning, that a 5 mortgage on day one, carries through 30 years of a 30 year mortgage Same on a 15 year mortgage It can never go higher, however if rates go down, you can refinance with your lender or find another one
Comment from : @southernfriedkiwi7726

Gone are the good old days of credible fiat
Comment from : @cameronlabone6050

I still can't understand why houses cost so much in NZ It's ridiculous compared to the rest of the world
Comment from : @DeonvanRooyen-s5g

People are sick of banks plus reserve bank manipulating the interest cycles for their own benefit
Comment from : @michellecolson924

18 minute of 2 men saying nothing ugh
Comment from : @bridgets6464

Shameful what they have done and ain't finished doing to our country
Comment from : @MrDevkiwi

Like playing monopoly and starting with $5 and go doesn't exist
Comment from : @MrDevkiwi

Fixing rates would not offer the greedy ones as much money 😂
Comment from : @anthonywilliams-yr8bq

Why and how do these people fully take over maori Lands and suffocate Maori by increasing the mortgage year by year
Comment from : @MoungaMaka

The biggest scam in historyBANKINGFractional reserve interestThe banks only need 10 percent in their vault to their lending ratio to you!!!! So you pay them back real money and they never really had the money in the first place to lend No wonder the bankers are billionaires and the rest are fkd!
Comment from : @mrpachino6014

its just about making it impossible for citizens to pay there mortgages so the banks can just scoop it all up ?
Comment from : @tommychook4552

Garbel- de- gook, we're jacked through the roof Everything is jacked in this countrybrWe need an independent ministry of efficiency elected separate of government
Comment from : @Adogsmate4267

Our bank has been delaying to refix a mortgage account so am paying the floating rate until they do Its well over 5 business days
Comment from : @lukejochem

This is WEF plan pushed by vanguard and Blackrock to push everyone out of home ownership brbrKlaus Schwab said! brbr“You will own nothing and be happy” “ you will rent all you need” brbrIt’s evil it’s organised crime through the banking system
Comment from : @LionelToomey

The banks will always keep the interest rate as high as possible, without wrecking the economyand most of the inflation is caused by interest rates The government can use Kiwibank to keep interest rates low, but they are also on the payroll
Comment from : @DawidRoos-y7g

So waitlook to America although we don't know what'll happen there So, look to China but again we don't know what will happen there So What do you know? I'd suggest America holds the global reserve currency so definitely impacts us I'd say China's real estate market is stuffed so definitely impacts us
Comment from : @rich3124

I wonder what Elon would find about the government spending in New Zealand?
Comment from : @Chad-r4i

Just before a tsunami the water gets sucked off the beach and there are fish flapping on the beach Idiots run out to get the fish (better rates?) And clever people who want to survive GET OUT NOW US banks have 27 Trillion of unrealized losses from commercial realestate on the books The tsunami is coming and nz is a cork in the tide
Comment from : @Mrbythefireside

I think the US is going to crash the world economy with a Tariff war
Comment from : @tanyaroberson9629

They print fake money and charge us real hard graft to borrow the fake money ditch the banks and trade in crypto amongst ourselves
Comment from : @AJ-qi3rq

Just let the reserve bank of NZ print 500 million dollars, buy Bitcoin for it and within 4 years the debt will be settledbrIf Trump is going to do this the rest of the world is going to follow!
Comment from : @petervanbeek752

the problem is Kiwis aren't financially smart enough to generate money in diverse ways, Thus, they all look to the same mechanisms, and thus suffer the same consequences at the same time for the same reasons Start teaching fiscal principles at school, reward productivity better, get rid of tall poppy syndrome, import genuinely useful immigrants, get rid of the beneficiary system
Comment from : @2hands_and_a_brain917

BNZ not lending to petrol stations is smart Lots of them are going bankrupt in China with the move to electric vehicles This is a forewarning
Comment from : @KuriosDiogenesJar

As I see it, what’s happening is the same old play book coming into play, New Zealand and Australia for that matter will only progress when the banks are reformed, taxation is done away with and the gruberment works for the people and not the corporations like Blackrock, the whole system is rigged in favour of the so called elites, when those in parliament loose their jobs why are they entitled to a pension for life, the $4,000000 spent on playing whale sounds to Kauri trees just shows the taxpayers how corrupt the system is, NZ needs a total make over and it need to happen as soon as possible
Comment from : @bingbong59

the old kiwi put as much markup as possible , no wonder immigrant retailers a forcing you guys out of business , kiwi seem to have become lazy greedy and cry baby ,,, try profitability by efficiency ,as for food haha well how much of our produce is sent to India china etc etc to help secure thier food supply , thier is no way in hell its cheeper to ship to Mumbai from pukekohe than to auckland from pukekohe , so were is the disconnect, ,,
Comment from : @simon-ds1vp

Theoretically higher rates can contribute to higher inflation, the difference will be the standard basket of goods As people can no longer afford to buy things they'll fall out of the basket until we're left with water, bread, and rent Hurray higher rates tamed inflation, we just have no stuff
Comment from : @NickyNoGrowth

Too little too late Our only hope is mass migration of Americans who will find us cheap
Comment from : @NickyNoGrowth

Went to Melbourne Foods were cheaper and much better quality NZ wine was cheaper there too No wonder why we lose good workers to OZ
Comment from : @PreparedHome

Sooo What’s the Storm ???
Comment from : @realistically-r7g

We're moving into unknown territory 6:47
Comment from : @EJohnFisk

go to the bank and borrow 100k for sharemarket couldn't get the loan , ohh well what is left to invest 🤔
Comment from : @annoyomus-k4m

If the Bank borrows the money to lend to you the customer, why would the interest rate fluctuate once the borrowing transaction has been completed?, you could fix that rate for the term of the loan
Comment from : @1JimmyTheOne1

imports are down exports are down , economic activities down why, reserve bank and govt not the people of the country
Comment from : @annoyomus-k4m

Blah blah blah, what a lot of trolip The global banking system is on the cusp of crashing and only gold and silver will carry us through the coming turmoil, get yourselves ready people
Comment from : @Adam-o2x2s

I wouldn't bank on lower longer term rates Nz is exposed to international financial uncertainty Disregard banker hype
Comment from : @Treecroc

If you made the longer term fixed rates more attractive you might see more pickup, locking in long term at the moment only makes sense for the bank when your paying over the odds for years
Comment from : @paulrea1148

Contact Mike: blogbnzconz/author/mike-jones
Comment from : @mortgagehq

I cannot understand why house mortgage interest rates can't be fixed at 5 permanently Housing does not contribute to export earnings so why can't the cost of funding housing be stabilized? The sudden increase in repayments for house loans just harms us all and makes a recession The children don't get fed properly and the stresses cause so much social harm The cost of this lasts for lifetimes
Comment from : @margaretobrien4851