Blog

Is the soaring cost of living putting you under financial pressure? You’re not alone. According to Stats NZ, the cost of living for the average household surged by 7.7% in the 12 months up to March 2023. For many, the biggest worry is higher interest rates and how...

Special Mortgage Rates : 6.99% for 1 year | 6.85% for 2 years * Cashback will be an added benefit * Interest rates are subject to change. * Bank's discretion & lending criteria apply. The cost of living is going up , and interest rates are high. These two factors...

The end of a relationship is never easy, and it can be even more daunting when shared property and a joint mortgage are involved. As our Head of Mortgage at Global Finance, Aseem Agarwal, points out, there’s no right or wrong answer for how to break a joint mortgage....

When dealing with insurance claims, the presence of obstacles and uncertainties is highly undesirable. It is crucial to have the assurance that your insurer will provide reliable support and pay your claim as per terms and conditions of insurance policy, in times of...

When the time comes to refix your mortgage, especially in a time of high interest rates, information is key. Homeowners need to understand what they can do with their loans: how they can keep them affordable and for how long they should fix them. Sadly though, many...

As a first home buyer or an existing mortgage holder, staying informed about your mortgage repayments, especially the factors that can impact interest rates, is important. You've probably heard various opinions on whether rates have peaked or if there's a possibility...

If you're a first home buyer or property investor in New Zealand, you might be wondering when the next property boom will happen. Aseem Agarwal, Head of Mortgages at Global Finance, talks to us about the next predicted housing market boom and the eagerly awaited an...

Are you an aspiring entrepreneur ready to start a new business? At Global Finance, we understand the challenges faced by would-be entrepreneurs when trying to secure financing for a new business. This blog provides valuable insights and practical advice on how to...

Ensuring the financial security for your family requires planning. Life is unpredictable, and life insurance gives you the ability to protect your loved ones when you can’t. But which insurance policy to choose? The world of life insurance may seem complex; there are...

Whether you’re starting a new business, buying into a franchise or investing in a business, negotiating a business loan can be complex. To secure the best loan terms for your business or commercial venture, you first want to understand the lending process. We sat down...

Buying a home is about more than just money. The many intangibles that come from home ownership can't be measured in dollars and they have a big impact on quality of life. One of the biggest impacts of owning your own home is security. When you rent you are always at...

As a first-time homebuyer or an existing borrower, you may very rightly be concerned about the recent increases New Zealand has seen in interest rates. However, the financial advisors at Global Finance anticipate that interest rates on mortgages in New Zealand are...

Health insurance will help pay your medical bills for non-emergency health conditions. Life insurance protects your family if the worst happens. But what if you fall seriously ill? There are two types of trauma insurance, basic or hybrid. On the surface, both provide...

Are you among the many Kiwis who have faced a disappointing "No" from banks when applying for a home loan? It's frustrating, especially when you have stable employment and a good credit history. Banks, however, must adhere to strict regulatory guidelines, sometimes...

Special Mortgage Rates : 6.99% for 1 year | 6.85% for 2 years * Interest rates are subject to change. * Minimum 20% deposit or equity required. * Bank's discretion & lending criteria apply. The average fixed interest rate now sits at 7.03% — the highest in fifteen...

Thinking about buying a property but not sure if it’s the right time? With the current state of the economy, high interest rates and low house prices, it’s easy to feel hesitant. But here’s the good news — it may be a great time to buy. If you’re in the right...

How rising interest rates have affected property investment in New Zealand After spending the last three years taking advantage of relatively low risk, New Zealand property investors are beginning to take a step back. Interest rates and inflation are up, property...

New Zealanders are covered by the public healthcare system and ACC. We have safety nets in place for acute surgery and ACC covers us for accidents at work and home. You get the immediate care you need without a huge bill at the end. But would you be able to pay for...