If you are considering investing in real estate, one of the first questions that probably comes to mind is: How much deposit do I need? In New Zealand, banks charge 30% for an investment property due to Reserve Bank rules. There are some exceptions, however, such as new construction, which have more flexible requirements. Additionally, … Read more
Selling your home in British Columbia is a significant undertaking that requires careful planning and meticulous preparation. How you present your home to potential buyers can greatly influence their decision-making process. To ensure a successful sale of your home in British Columbia and maximize the appeal of your property, it is essential to address various … Read more
For real estate investors in Florida, a DSCR Loan Florida can be an ideal solution. Unlike traditional loans which rely heavily on personal income, Debt Service Coverage Ratio (DSCR) loans focus on the cash flow generated by the property itself. This flexibility makes it easier for investors to qualify, but there are some key factors … Read more
By Rosa Saba “We expect headline inflation to fall below the bank’s 2% target in September,” said Shelly Kaushik, an economist at BMO. Kaushik said she expects annual headline inflation to cool to 1.8%, largely thanks to last month’s drop in gasoline prices, but added that as pump prices increased in October, the overall figure … Read more
Yesterday, the Reserve Bank took the decision to cut the official cash rate (OCR) by 50 basis points, bringing it down to 4.75%. But what does this mean for you, as a homeowner or someone looking to buy? Let’s break it down. Why was OCR removed? The Reserve Bank reduces the OCR when it wants … Read more