Mortgage Rates and Cash flow???

As per the present indicators we are going to see one
of the lowest interest rates in New Zealand during the
second half of the year. This will present a unique
opportunity for investors to fix their interest rates for 5
years at an extremely low rate and tide over the present cash
flow problems in the economy.

The first step is to put your current mortgages onto a
floating rate if you have not already done so. There is a
cost involved and you have to assess this cost on an
individual basis before deciding to break your fixed
mortgage. As per market news the interest rate is likely to
go down by 1% on 29 January. The cost of breaking your
mortgage will go up substantially after this date. So you
need to take action now before it is too late.

I use services of a company called Connect Mortgages. They
have a calculator to workout cost benefit analysis of
breaking a mortgage. Please read their advice on mortgage
and contact them to assess the cost of breaking your fixed
mortgage.

http://www.connectmortgages.co.nz/Contact+Us/Lower+Interest+Rates/x_emc/18/emu/praveenkumar444@gmail.com.html



Best regards,
Colin Kumar
c.kumar@barfoot.co.nz
WE LOVE SELLING AUCKLAND

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