24 August 2006

Money and Mortgages

Today we submitted applications for an NZ bank account (ABS) and mortgages. Doing this long distance is so much more difficult when you don't have a person sitting in front of you going through the form with you. We've sent documentation off to a mortgage broker to see if we can get a better deal. There seems to be a fair amount of competition according to this website which lists all the interest rates.

After some worries surrounding the price crash in Australia and OECD report warning that New Zealand is likely to suffer a crash if interests rates are raised, we are going to place a bid for our 'dream property'. The problems we've been experiencing with our solicitor appear to have been ironed out, though I still believe they've delayed our completion.

And then we get news like this!!

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