Fisher Foley

Fisher Foley Barristers and Solicitors

In a world first, our NZ government has proposed taxing the greenhouse gasses that farm animals make as part of a plan t...
13/10/2022

In a world first, our NZ government has proposed taxing the greenhouse gasses that farm animals make as part of a plan to tackle the climate crisis.

By 2025, farmers would pay a levy on emissions from sources such as cow burps and gases from their urine under proposals released by Jacinda Ardern

If you're thinking of buying a property or re-fixing an existing one this article on interest rates provides some insigh...
26/09/2022

If you're thinking of buying a property or re-fixing an existing one this article on interest rates provides some insights on market dynamics

When the two year swap rate was last at Monday's level, that was back in May 2010 and the two year fixed mortgage rate was 7.30%. Who says it won't go back to that level?

Logical reasoning as to why the market favours house purchasing now...
08/09/2022

Logical reasoning as to why the market favours house purchasing now...

Property prices won't be this low for long, says adviser

Informative article about how bank test interest rates work
07/06/2022

Informative article about how bank test interest rates work

Mortgage broker Glen McLeod answers your questions about home loans.

The increase in housing stock levels is due almost entirely to a slowdown in sales experienced across NZ.
01/06/2022

The increase in housing stock levels is due almost entirely to a slowdown in sales experienced across NZ.

Slump in housing sales pushes stock levels up 77% compared to this time last year

Banks are predicting a market correction of around a 20% drop in NZ house prices in the coming year based on tighter cre...
17/05/2022

Banks are predicting a market correction of around a 20% drop in NZ house prices in the coming year based on tighter credit conditions, higher mortgage rates and increased supply of new housing.

Economists say tighter credit conditions, higher mortgage rates and increased housing supply behind sinking prices

Considering buying or selling at auction? Looks like success rates are dropping considerably...
03/05/2022

Considering buying or selling at auction? Looks like success rates are dropping considerably...

Auction sales rate 20% in Auckland, 21% in Bay of Plenty, 41% in Canterbury

Co-ownership in property with family and friends may just be the way to bypass saving up a large deposit and get into th...
03/05/2022

Co-ownership in property with family and friends may just be the way to bypass saving up a large deposit and get into the property market sooner. Kiwibank are encouraging this as a model.

Kiwibank has set up a new system to streamline an alternative home ownership model, aiming to make it easier to go in on a house with friends or family.

Core Logic's economist is predicting "property market activity will continue to be subdued, with sales volumes perhaps d...
27/04/2022

Core Logic's economist is predicting "property market activity will continue to be subdued, with sales volumes perhaps declining by as much as 10% this year and another 5% or so in 2023."

CoreLogic says the key drivers for housing market slowdown are 'fundamental and longer-lasting'

Be prepared for banks to test your lending serviceability at close to 7% when you are applying for a mortgage...
25/04/2022

Be prepared for banks to test your lending serviceability at close to 7% when you are applying for a mortgage...

A closer look at how the interest rates banks use to stress test mortgage applicants are due to rise, and possibly be set by the Reserve Bank

Mortgage interest rates have now reached 6 percent for four-year fixed terms. What will be your strategy for fixing your...
20/04/2022

Mortgage interest rates have now reached 6 percent for four-year fixed terms. What will be your strategy for fixing your mortgage if buying or re-fixing your current loan?

Mortgage interest rates have hit 6 percent for four-year fixed terms. Finance Minister Grant Robertson speaks to Morning Report about rising rates and inflation.

With a drop in value, perhaps there's an opportunity to buy property in Christchurch?
12/04/2022

With a drop in value, perhaps there's an opportunity to buy property in Christchurch?

Houses are taking longer to sell creating more of a buyers' market though a small fall in values only slightly dents the 32 per cent increase seen in the last year.

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