Batten down the hatches - got a feeling .....
| # | Post |
|---|---|
| 1 | it's going to be a rough ride. Fixed other day for 3.69% for 5 years, suits me for security and future plans. The way inflation rising no doubt interest rates will continue to rise. See it is staggering these days with the large mortgages out there what a rise of even half a percent does to mortgage repayments. We've been spoilt in the last few years with super low interest rates no doubt the honeymoon is over though. Edited by houseofdad at 9:10 am, Fri 6 Aug houseofdad - 2021-08-06 09:09:00 |
| 2 | What happened to yesterday's thread? ian1990 - 2021-08-06 10:58:00 |
| 3 | ian1990 wrote:
It got deleted. It's Nazi Germany around here, don't dare say anything about the PM on here. Someone was saying the other day that the Labour government has paid off the media in New Zealand, guess it applies to trade me too. Very dangerous ground they should be ashamed of killing freedom of speech. Edited by houseofdad at 11:47 am, Fri 6 Aug houseofdad - 2021-08-06 11:44:00 |
| 4 | If rates going up by 0.5% is the end of the world - just wait till they return to 8%. pcle - 2021-08-06 12:42:00 |
| 5 | OP Did you miss the announcement back in Feb 2020 that the opinions and politics board was going to be deleted......? shanreagh - 2021-08-06 18:40:00 |
| 6 | pcle wrote:
Exactly. (7.8% NZ average interest rate) houseofdad - 2021-08-06 19:14:00 |
| 7 | shanreagh wrote:
Cheers for the link but I had talked about the state of the economy. How can the reason the economy is the way that it is and the future economy be discussed with out bringing in the main bearing factor ? houseofdad - 2021-08-06 19:29:00 |
| 8 | https://tradingeconomics.com/new-zealand/government-debt https://en.m.wikipedia.org/wiki/List_of_prime_ministers_of_N marte - 2021-08-07 00:22:00 |
| 9 | houseofdad wrote:
It can't really, not in your terms anyway, where it is a covert party political discussion. . If you linked to an article about house prices it might have more relevance. But there are many of those on this thread. Plenty of other blogs to discuss the politics angle.....******** shanreagh - 2021-08-07 09:18:00 |
| 10 | shanreagh wrote:
Cheers for the link and chat much appreciated. yeah best discussed elsewhere. Trademe's message board trademe's rules. houseofdad - 2021-08-07 09:42:00 |
| 11 | You don't realise how lucky you are, when I bought my house in the 1980's I had two mortgages and I paid 17.5% interest on the first mortgage and 25% on the second one. spidermurti - 2021-09-10 01:01:00 |
| 12 | spidermurti wrote:
weren't those 'crazy' days - fluctuating every few weeks if i remember rightly - sure ours went up to 21% at one stage ... on a mortgage! - can you imagine !!! bodnz - 2021-09-10 06:23:00 |
| 13 | bodnz wrote: But houses were tuppance h'appenny. sparkychap - 2021-09-10 08:27:00 |
| 14 | sparkychap wrote: pcle - 2021-09-10 08:34:00 |
| 15 | sparkychap wrote:
yep ! - $52,000 - ex-state 1950's house - Hamilton (purchased mid 1980's) now without anything done to it over all those years except an outside paint job, (i never stayed in it, but know the person that is in it currently) - market value of i understand around $700,000. - Woah ! bodnz - 2021-09-10 08:47:00 |
| 16 | marte wrote:
National debt is up around $120b now. Plus, having spend the massive covid borrowing from last year, has just asked for another $40b in borrowing to be approved. We're looking well on course to be $200b+ in debt by the time the election rolls around. loose.unit8 - 2021-09-10 08:59:00 |
| 17 | spidermurti wrote: sweetgurl108 - 2021-09-10 16:36:00 |
| 18 | sweetgurl108 wrote:
I offered to buy a house ( ok it was a old villa that needed a whole heap of work done on it, the rear weatherbords were missing to give you a idea ) on a 1/4 acr3 +, with several sheds on it, for somebody n 2002, and they turned me down. marte - 2021-09-11 19:21:00 |
| 19 | spidermurti wrote:
Lolol it's funny when people assume. I had a mortgage in the 80s. houseofdad - 2021-09-11 19:48:00 |
| 20 | A bank manager talked me into taking over a bankrupt retail outlet in the 1980's. His words were "you can go in there with the full power of the bank behind you". So I did and they gave me a very generous interest rate of 28% on my overdraft. I eventually walked out on the lease and business before it cost me my house. captaingraham - 2021-09-12 10:09:00 |
| 21 | houseofdad wrote:
Seriously? pico42 - 2021-09-12 10:36:00 |
| 22 | pico42 wrote: He did Nazi that coming. sparkychap - 2021-09-12 12:03:00 |
| 23 | pico42 wrote:
What one of my valid points are you referring to ? houseofdad - 2021-09-12 13:11:00 |
| 24 | Nazi comparisons are ignorant and lazy. lyl_guy - 2021-09-12 13:37:00 |
| 25 | we have fixed for 3 years.. although at a slightly higher interest rate than before..our interest component is around $10 a week more than we were paying during our last fixed interest period.....we are 5 years off paying this mortgage cathi - 2021-09-12 14:19:00 |
| 26 | houseofdad wrote: hound31 - 2021-09-12 14:26:00 |
| 27 | hound31 wrote:
Lighten up and take a chill pill! houseofdad - 2021-09-12 14:51:00 |
| 28 | lyl_guy wrote:
Dramatic as ever re the broken heart. houseofdad - 2021-09-12 14:55:00 |
| 29 | It's a seriously discombobulated world : capitalists are calling them commies, commies are calling them fascists and good old Clarke - well he goes fishing funkydunky - 2021-09-13 13:55:00 |
| 30 | spidermurti wrote:
My mortgage in 1986 was 19.5%. $29 per week and I had two flat mates who paid $40- a week each. travlr - 2021-09-13 14:10:00 |
