The latest Cotality Home Value Index shows national home values eased by 0.2% in June; the national average now sits at $806,512. While Auckland and Wellington continue to influence the national picture, the North Shore market remains resilient, with the average property value sitting at $1,262,274.

The Reserve Bank increased OCR by 0.25%, taking it to 2.25%. While rate increases are never welcome news, they reinforce the importance of having the right lending strategy rather than simply chasing the lowest rate.

One of the most common conversations with clients right now is around loan structuring. Rather than fixing an entire mortgage for one term, many homeowners are splitting their lending across different fixed-rate periods. This can provide greater flexibility, reduce exposure to future rate movements, and create opportunities to review lending as the market evolves.

It's important to think beyond today's interest rates. With an election on the horizon, now is a good time to speak with your mortgage adviser and accountant about long-term plans. Understanding potential changes before they happen puts you in a stronger position to make informed decisions.

Banks are currently offering faster turnaround times on pre-approvals. Knowing your borrowing capacity early allows you to act confidently when the right property comes along.

A myth I often hear is that young adults need a credit card or personal loan to "build a credit history." In reality, lenders place far more value on consistent savings, sensible spending habits and good account conduct than on unnecessary debt.

Every client's situation is different, which is why strategy matters just as much as securing a competitive interest rate. Whether you're buying, investing, restructuring lending or planning ahead, I'm happy to help put together a plan that supports your long-term goals.

Call Jess Barlow - your local mortgage adviser
021 5377 01
jessica@mortgagesupply.co.nz