Tahei & Rua - Vega Mortgages

30/06/2022

The number of homes available for sale has almost doubled over the last 12 months, and asking prices are tumbling. In Auckland the average asking declined from its January peak of $1,279,330 to $1,167,121 at the end of June, a drop of $112,209 (-8.8%).

"The latest figures also suggest that vendors are recognising that buyers now have more choice, and are adjusting their price expectations downwards".

The average asking price of homes in Auckland has declined by $112,209 since January

28/06/2022

Life Insurance - The future looks brighter when you’re protected 🌤

For more information click on the link below or give us a call.

https://vegalend.co.nz/vega-protect/life-insurance/

Rua Tipoki 021 861 356
[email protected]

23/06/2022

Twinkling in the winter sky just before dawn, Matariki signals the Māori New Year ✨✨✨

21/06/2022

Needing to fix that home loan, or apply for a new one? ✍

We work with the banks to ensure the best deal for our clients.
Let us do all the hard work for you!

Tahei Simpson 021 507 073
[email protected]

Rua Tipoki 021 861 356
[email protected]

16/06/2022

Another week almost done and dusted!

Fingers crossed for some sun this weekend 🤞

14/06/2022

Let's make sure you are making the repayments that will make a real difference to that mortgage in the long run.

Let's talk.

09/06/2022

As an entrepreneur, you’ve probably suffered from business income loss due to unexpected events such as a fire, theft, flooding, or machinery breakdown. And we all know how difficult it can be for your business to recover from such a loss. In fact, some businesses have shut down due to losses from unplanned calamities.

Business interruption insurance, simply referred to as BI, covers your business from lost income after the occurrence of insured damage. A BI cover puts your earnings back to where they were before the unavoidable business insurance interruption occurred.

If you're wanting to learn more about what business interruption insurance is and how it can work for you follow the link below.

As an entrepreneur, you’ve probably suffered from business income loss due to unexpected events such as a fire, theft, flooding, or machinery breakdown. And we all know how difficult it can be for your business to recover from such a loss. In fact, some businesses have shut down due to losses from...

07/06/2022

Fixed vs. Floating mortgage rates 📈

Fixed rate loan ✍️

As this term suggests, your loan’s interest rate is fixed for a period of your choosing between 6 months and 5 years.
You’d choose a fixed rate mortgage to know exactly what you’re paying for the term of the loan. This is a good option too if you think interest rates will rise because a fixed term loan will lock your rate in for your chosen period.

Floating loan ✍️

Also referred to as a variable rate loan, your mortgage’s interest rate rises or falls based on market shifts that are linked to the Official Cash Rate.
Due to market uncertainties, floating rates are often higher than fixed rates, so this kind of mortgage approach is used when you need to be strategic in the short term.

You also have the option of splitting your mortgage between a fixed and floating rate. This way you can make additional repayments on the floating mortgage portion without being charged extra on the fixed rate side. Choosing this option comes down to personal preferences.

For more information, head to the Vega website or give us a call.
https://vegalend.co.nz/mortgages/

Tahei Simpson 021 507 073
[email protected]

Rua Tipoki 021 861 356
[email protected]

03/06/2022

Stay safe if you're out on those roads this long weekend!🌻

02/06/2022

It is a good idea to check things like your level of repayments and interest rate from time to time.

It pays to do it every year or two, or when:

- A fixed rate loan is about to expire
- The interest rate on a floating rate mortgage changes
- There is a big life change on the horizon, such as starting a new job
- You get a big lump sum such as an inheritance

It helps to take a moment and ask – are these mortgage payments still as big as I can comfortably afford? Even boosting repayments by the equivalent of $25 a week may save thousands of dollars in interest, which means you could be mortgage-free months or even years earlier!

Speak to a mortgage adviser if you're unsure, we are happy to help.

Tahei Simpson 021 507 073
[email protected]

Rua Tipoki 021 861 356
[email protected]

31/05/2022

Some important information with regards to business interruption insurance.

As an entrepreneur, you’ve probably suffered from business income loss due to unexpected events such as a fire, theft, flooding, or machinery breakdown. And we all know how difficult it can be for your business to recover from such a loss. In fact, some businesses have shut down due to losses from...

26/05/2022

Sometimes life doesn't go as planned and there is a lot that comes with serious health conditions.

Trauma Cover products pay out a sum of money if you are diagnosed with or suffer from one of the large numbers of listed serious health conditions which include Cancer, Heart Attack, Stroke and many more.

Trauma Cover products are often used as a ‘recovery fund’ providing you with the money to pursue treatment options or to cover any additional costs needed to get back on your feet after a serious illness.

For more information about this or other types of insurance contact Rua.

Rua Tipoki 021 861 356
[email protected]