Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8
Mad Scientist
20470 posts

Uber Geek
+1 received by user: 2792

Trusted
Lifetime subscriber

  # 1331422 25-Jun-2015 14:56
Send private message

Geektastic: 3.4% fixed for 30 years.

My brother in California.


House price was?




Swype on iOS is detrimental to accurate typing. Apologies in advance.


Mad Scientist
20470 posts

Uber Geek
+1 received by user: 2792

Trusted
Lifetime subscriber

  # 1331423 25-Jun-2015 14:57
Send private message

BinaryLimited: Morning all.

Anyone got lower than 4.89% for 2yrs and $5k cash back?
If so, let me know...need to finalise things by tomorrow.

...."well jimmy got 4.89%, i want 4.89%...."


So they are paying you to take up a mortgage? WOW

Can I ask how much the mortgage is drawn for? over 500k? or under?




Swype on iOS is detrimental to accurate typing. Apologies in advance.


 
 
 
 


12980 posts

Uber Geek
+1 received by user: 4357

Trusted
Lifetime subscriber

  # 1331432 25-Jun-2015 15:09
Send private message

joker97:
Geektastic: 3.4% fixed for 30 years.

My brother in California.


House price was?


Around US $500,000.

Equivalent home (5 bed, 300 sq m, full aircon, double glazing, pool etc) in NZ would be at least double.





523 posts

Ultimate Geek
+1 received by user: 287


  # 1331433 25-Jun-2015 15:09
Send private message

the profits these banks are making, and CEOs are getting paid, is obscene, and is really hoovering up money from the NZ economy. 


I just started working for a bank. Am I a bad person? I'm not the CEO, btw, haha

Mad Scientist
20470 posts

Uber Geek
+1 received by user: 2792

Trusted
Lifetime subscriber

  # 1331434 25-Jun-2015 15:10
Send private message

yeah i do envy the comparatively low cost of building in other countries




Swype on iOS is detrimental to accurate typing. Apologies in advance.


3295 posts

Uber Geek
+1 received by user: 211

Trusted

  # 1331437 25-Jun-2015 15:17
Send private message

Geektastic:
joker97:
Geektastic: 3.4% fixed for 30 years.

My brother in California.


House price was?


Around US $500,000.

Equivalent home (5 bed, 300 sq m, full aircon, double glazing, pool etc) in NZ would be at least double.

Huh? There are plenty of places in NZ (and even Auckland!) where you can buy a house like that for less than NZD$1.5m!

P.S. I would like to know where the house is. Maybe I can move there, I like Cali!

14966 posts

Uber Geek
+1 received by user: 2046


  # 1331455 25-Jun-2015 16:09
Send private message

Geektastic: 3.4% fixed for 30 years.

My brother in California.


Houses are so cheap in parts of the US. 3.4% fixed for 30 years is pretty risky for the bank. I think the longest banks will allow you to fix in NZ is about 10 years, but stand to be corrected.

 
 
 
 


Mad Scientist
20470 posts

Uber Geek
+1 received by user: 2792

Trusted
Lifetime subscriber

  # 1331467 25-Jun-2015 16:27
Send private message

30 years.

ok sorry 10 years it is




Swype on iOS is detrimental to accurate typing. Apologies in advance.


2140 posts

Uber Geek
+1 received by user: 500

Subscriber

  # 1331505 25-Jun-2015 16:47
One person supports this post
Send private message

MileHighKiwi:
the profits these banks are making, and CEOs are getting paid, is obscene, and is really hoovering up money from the NZ economy. 


I just started working for a bank. Am I a bad person? I'm not the CEO, btw, haha

Everyone needs a job...

I have worked for banks/fin sec companies for years. I'm only moderately evil (upper-middle-management). 






Handsome Dan Has Spoken.



791 posts

Ultimate Geek
+1 received by user: 80

Trusted

  # 1331547 25-Jun-2015 17:04
Send private message

joker97:
BinaryLimited: Morning all.

Anyone got lower than 4.89% for 2yrs and $5k cash back?
If so, let me know...need to finalise things by tomorrow.

...."well jimmy got 4.89%, i want 4.89%...."


So they are paying you to take up a mortgage? WOW

Can I ask how much the mortgage is drawn for? over 500k? or under?


More than double that




14966 posts

Uber Geek
+1 received by user: 2046


  # 1331661 25-Jun-2015 19:18
One person supports this post
Send private message

joker97: yeah i do envy the comparatively low cost of building in other countries


The big problem in NZ is lack of competition in the materials market. Then all the compliance costs in building, may of which are just ass-covering things.

264 posts

Ultimate Geek
+1 received by user: 62


  # 1331867 26-Jun-2015 08:45
Send private message

I'm going to wait for the next OCR announcement then hit up my broker. Current on a 2 year fixed with Kiwibank with ~14 months left, and 3 year fixed with ~26 months left. Will be interesting to see if they try to hit me with break fees.

3295 posts

Uber Geek
+1 received by user: 211

Trusted

  # 1331874 26-Jun-2015 08:54
Send private message

Jeeves: I'm going to wait for the next OCR announcement then hit up my broker. Current on a 2 year fixed with Kiwibank with ~14 months left, and 3 year fixed with ~26 months left. Will be interesting to see if they try to hit me with break fees.

If I recall, Kiwibank were one of the banks that charged, um, "less than fair" break fees. I don't know if anything's changed since then.

To be honest, you'd probably be better of breaking the fixed loans now (when rates are higher, that means lower break fees) and then refixing after the announcement (when rates are lower, if that's what you think is going to happen). Just means being on floating in the interim.

8352 posts

Uber Geek
+1 received by user: 4603


  # 1331887 26-Jun-2015 09:20
One person supports this post
Send private message

MileHighKiwi:
the profits these banks are making, and CEOs are getting paid, is obscene, and is really hoovering up money from the NZ economy. 


I just started working for a bank. Am I a bad person? I'm not the CEO, btw, haha


Nope.  You're just following orders.

3295 posts

Uber Geek
+1 received by user: 211

Trusted

# 1331891 26-Jun-2015 09:27
One person supports this post
Send private message

Fred99:
MileHighKiwi:
the profits these banks are making, and CEOs are getting paid, is obscene, and is really hoovering up money from the NZ economy. 


I just started working for a bank. Am I a bad person? I'm not the CEO, btw, haha


Nope.  You're just following orders.

At the risk of invoking Godwin's Law...

1 | 2 | 3 | 4 | 5 | 6 | 7 | 8
View this topic in a long page with up to 500 replies per page Create new topic



Twitter and LinkedIn »



Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:





News »

Huawei's scholarship programme showcases international business to Kiwi undergrads
Posted 22-Jul-2019 17:53


Spark Sport launches across a range of new devices
Posted 22-Jul-2019 13:19


Dunedin selects Telensa to deliver smart street lighting for 15,000 LEDs
Posted 18-Jul-2019 10:21


Sprint announces a connected wallet card with built-in IoT support
Posted 18-Jul-2019 08:36


Educational tool developed at Otago makes international launch
Posted 17-Jul-2019 21:57


Symantec introduces cloud access security solution
Posted 17-Jul-2019 21:48


New Zealand government unveils new digital service to make business easier
Posted 16-Jul-2019 17:35


Scientists unveil image of quantum entanglement
Posted 13-Jul-2019 06:00


Hackers to be challenged at University of Waikato
Posted 12-Jul-2019 21:34


OPPO Reno Z now available in New Zealand
Posted 12-Jul-2019 21:28


Sony introduces WF-1000XM3 wireless headphones with noise cancellation
Posted 8-Jul-2019 16:56


Xero announces new smarter tools, push into the North American market
Posted 19-Jun-2019 17:20


New report by Unisys shows New Zealanders want action by social platform companies and police to monitor social media sites
Posted 19-Jun-2019 17:09


ASB adds Google Pay option to contactless payments
Posted 19-Jun-2019 17:05


New Zealand PC Market declines on the back of high channel inventory, IDC reports
Posted 18-Jun-2019 17:35



Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.


Support Geekzone »

Our community of supporters help make Geekzone possible. Click the button below to join them.

Support Geezone on PressPatron



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.

Alternatively, you can receive a daily email with Geekzone updates.