Give us a call: (09) 486 4719
btn book free consultation


Email me when new posts are made to this blog

Interest rates at all time low

November 19th, 2018.

There is a reasonable chance you have already heard about the phenomenal rates being offered almost across the board now with most banks having rate specials down into the 3%'s.

What you may not be aware of is that you don’t necessarily need to wait until your current fixed rates expire in order to take advantage of these very low rates.

We are already seeing in many cases that people are better to break out now and refix at the lower rate with the interest saving more than outstripping any break fees.

As a personal example yesterday, I broke out of a 5-year rate that I had locked down circa 2 years ago for 4.65%. I incurred no break fee in doing so.
I then re-fixed at a interest rate of 3.99% for 2 years which is obviously a considerable saving.
To do a fair comparison however it is worth noting that I got offered a 3-year fixed rate at 4.29% which is roughly the period I had remaining on my term.
So, in this example if I had taken the 3-year rate I would have benefited with an interest saving of 0.36% with no actual cost to get out.
In another split I have with a different bank I am wearing a break fee of slightly under $2k to get $10k of interest savings over the next 2 years.
If you want to investigate whether you can also benefit from this please contact us HERE and we will be in touch so you can take advantage of these unprecedented rates currently on offer.

Kris Pedersen 


Derma Roller online in Pakistan says ...
Awesome blog. I enjoyed reading your articles. This is truly a great read for me. I have bookmarked it and I am looking forward to reading new articles. Keep up the good work! Derma Roller online in Pakistan
Kate Thomson says ...
Interest is the baking term which is calculated by the rates and this is called interest rate on the money all along. The published article is about for grabbing the rates and the rates are all time low in the industry for the investors and lacking.
Rukkaya says ...
You made me happy to read this article.
<a href="">Shaukeens</a>
Forrest O. Calloway says ...
I have additionally adopted a beautiful cat as a puppy in my residence. I actually have named her Kitty. She is very cute buy college research paper and lovable. She sleeps in my bed. I truly like her hairs.

dddd says ...
<a href="">Robust Posts</a>


“ *As a rule, we advise that you contact us as early as possibly to secure the most suitable time for your consultation.
Product Query

First Name*


Kris Pedersen Mortgages Limited

+64 9 486 4719
Skype: Kris_Pedersen    
Takapuna Office
388 Lake Road
Auckland 0622
Newmarket Office
Level 6
135 Broadway
Auckland 1023
Postal Address
PO Box 33650
Auckland 0740