LifeDirect Mortgages

From all of us here at LifeDirect, wishing you a joyful holiday and Merry Christmas! 🎄☀️

The latest REINZ property market update shows positive trends: ► Sales up 20% nationally, with notable increases in Nelson (+112.8%) and Marlborough (+29.5%). ► Median prices rising 0.7% year-on-year and 1.9% month-on-month. ► Listings up 21.4%, offering buyers more options. REINZ notes growing buyer and seller confidence, with a busier market expected pre-Christmas. Inventory growth and strategic buying are shaping the market recovery. Considering your next move? Let's connect. Get in touch with any questions you may have.

The Reserve Bank has lowered the Official Cash Rate (OCR) by 50 basis points to 4.25%, aiming to stimulate the economy and address easing inflation. What does this mean for you? ➡️ Lower interest rates could be on the way. ➡️ Mortgage repayments may become more manageable for many borrowers. Every situation is unique, so now’s the perfect time to review your mortgage options. Let’s connect and discuss how you can make the most of these changes for your future plans.

Mortgage advice isn’t just for first-home buyers—it’s for every stage of your property journey. Whether you’re upgrading, downsizing, investing, or refinancing, we’re here to make things simpler. ► Next Home: Need more space or downsizing? We’ll guide you through. ► Investing: Use your equity to grow your portfolio. ► Refinancing: Secure better rates or a cash contribution up to 1%. ► Top Ups: Fund a renovation, new car, boat, or consolidate debt. ► Fixed Terms: Explore your options when rates expire. Ready to chat about your mortgage options? Reach out today. #LifeDirect #LifeDirectMortgages

First home buyers are on the rise, now making up 27% of property purchases, according to CoreLogic's latest First Home Buyer Report. With prices dipping and more listings available, it’s a great time to take that first step onto the property ladder. Thinking about buying your first home? The LifeDirect Mortgages team is here to guide you every step of the way.

With mortgage rates easing, property prices across New Zealand are showing signs of stabilising. According to CoreLogic's latest data, the average property value fell -0.5% in October, marking the eighth consecutive month of decline. Since February, values have fallen by -5.1%, but there are signs the pace of decline is slowing. For a closer look at what's happening, check out the full breakdown here: https://lnkd.in/gdXwnUPZ And if you have any mortgage-related queries, get in touch with the LifeDirect Mortgages team today: https://lnkd.in/gbY__QDN

Like to stay up to date with property market trends? Here are 5 key takeaways this week: • Buyer interest rising: Recent mortgage rate cuts are boosting activity. • Surge in lending: September saw $6.5B in home loans, with a jump in high-LVR lending. • Economic outlook: Slower economic growth could moderate the pace of market recovery. • Construction outlook: Upcoming data could hint at growth in new builds. • Policy shifts: The Reserve Bank may soon update lending guidelines. Read the full article here 👉 https://lnkd.in/gsitb84Y If you have any mortgage-related questions, feel free to get in touch.

According to the latest REINZ data, average house prices have dropped 2.3% year-on-year, but we’re seeing a 2.1% increase month-on-month. With interest rates on the decline, the market is expected to see more buyer activity in the coming months. If you’re thinking about getting onto the property ladder, now could be a great time to stay in the loop. Check out the full update here: https://lnkd.in/gDUxVFWx Got mortgage questions? Feel free to reach out!

Applying for a mortgage is a key step toward owning your new home! But are you fully prepared? Getting organised early can make the process smoother. Here are some essentials to gather: • ID: A driver’s licence or passport, often two forms of ID. • Proof of address: A utility bill or bank statement. • Proof of income: Pay slips or business financials. • Bank statements: 3-6 months’ worth. • Deposit evidence: KiwiSaver or personal savings. Need help navigating it? Get in touch for any mortgage-related queries. #LifeDirectMortgages

It’s official! LifeDirect is now offering both Insurance and Mortgages! We’re excited to expand our expertise and services, helping even more Kiwis achieve their financial goals. This is just the beginning! A big thanks to @cjsbishop, @tuilewis, @rachinravindra, @ben_sears14 and @pollyinglis who came to celebrate with us!