sharetrader
  1. #14541
    Reincarnated Panthera Snow Leopard's Avatar
    Join Date
    Jul 2004
    Location
    Private Universe
    Posts
    5,861

    Default

    NZ becomes first in world for climate reporting

    Heartland, being such a responsible & caring bank, probably well ahead of the curve on this.

    om mani peme hum

  2. #14542
    Member
    Join Date
    Dec 2001
    Location
    Church Bay, Banks Peninsula
    Posts
    468

    Default

    Just hit $1.82. Looks like through both 30/100 MA - strong signal
    SCOTTY

  3. #14543
    Senior Member
    Join Date
    Jul 2020
    Location
    Chrsitchurch
    Posts
    887

    Default

    Revolving Credit Account @ 2.75%. Taking on the big boys. https://www.scoop.co.nz/stories/BU21...ing-275-pa.htm

  4. #14544
    Member
    Join Date
    Apr 2020
    Location
    Lower Hutt
    Posts
    481

    Default

    Just need them to offer lending on investment properties and I'd be there in a heartbeat...

  5. #14545
    Advanced Member
    Join Date
    Jun 2020
    Posts
    2,246

    Default

    Quote Originally Posted by Greekwatchdog View Post
    Revolving Credit Account @ 2.75%. Taking on the big boys. https://www.scoop.co.nz/stories/BU21...ing-275-pa.htm
    2.7% revolving credit home loan - wow that is indeed an amazing rate.

  6. #14546
    Guru
    Join Date
    Sep 2009
    Posts
    2,718

    Default

    Quote Originally Posted by LaserEyeKiwi View Post
    2.7% revolving credit home loan - wow that is indeed an amazing rate.
    Hmmm not really, only for max $100,000

  7. #14547
    Advanced Member
    Join Date
    Jun 2020
    Posts
    2,246

    Default

    Quote Originally Posted by kiora View Post
    Hmmm not really, only for max $100,000
    the big 4 banks charge on average 4.7% for the exact same thing, hard not to call this a fantastic offer.

  8. #14548
    Member
    Join Date
    Nov 2020
    Posts
    37

    Default

    Quote Originally Posted by kiora View Post
    Hmmm not really, only for max $100,000
    Very few people put their whole mortgage on revolving credit. Most have the majority fixed and leave a portion on revolving credit of between 20 and 50k.

    The 100k maximum is a non event as I'm not sure to many customers would want more than that. Only those with exceptionally large incomes maybe.

  9. #14549
    Guru Rawz's Avatar
    Join Date
    Jun 2020
    Location
    Auckland
    Posts
    3,954

    Default

    Quote Originally Posted by Ohdoyle View Post
    Very few people put their whole mortgage on revolving credit. Most have the majority fixed and leave a portion on revolving credit of between 20 and 50k.

    The 100k maximum is a non event as I'm not sure to many customers would want more than that. Only those with exceptionally large incomes maybe.
    Again another product that gains market attention but is designed for not much uptake.
    Marketing gurus at work.

  10. #14550
    Advanced Member
    Join Date
    Feb 2011
    Location
    Wellington
    Posts
    2,453

    Default

    Quote Originally Posted by Rawz View Post
    Again another product that gains market attention but is designed for not much uptake.
    Marketing gurus at work.
    Revolving credit facility is pretty valuable to a property investor. If you have it sitting @ 0 , with a $ 500 K limit gives you quite a bit of flexibility.....

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •