Issue: No. 27 (October, 2013)

房貸資訊分享【Home Mortgage Information Update】

銀行房貸利率參考表 (Bank Home Loan Interest Rates)

主要銀行 Major Banks	固定年利率 (Fixed Rates Per Annum)
	六個月 6 Months	一年 12 Months	十八個月  18 Months	二年 24 Months	三年 36 Months	四年 48 Months	五年 60 Months
ANZ Bank	4.95%	5.19%	5.59%	5.95 %	6.50%	6.90%	7.10%
ASB Bank	5.35%	5.15%*	5.65%	5.70%*	6.40%	6.80%	6.99 %
Westpac Bank	5.40%	5.15%*	5.75%	5.65%*	6.50%	6.90%	7.10%

* Special condition applies (受特別條件限制)

主要銀行 Major Banks	Revolving Credit Facility
ANZ Bank	FlexiPlus: 5.85% p.a.
ASB Bank	ORBIT Home Loan: 5.75% p.a.
Westpac Bank	Everyday Choice: 5.75% p.a.

請注意，以上各利率祗作參考之用。本公司必定為客户爭取最優惠利率。最近案例：如一年4.85% (受特別條件限制) 。

希望各位朋友把握現時的良機，享受本公司為大家爭取到的各種優惠。本公司定竭盡所能，為大家解决房貸的疑難，若貴親友需要房貸服務，也請告知，本人定會親自跟他們聯系。多謝大家的支持。

Your attention please!  The above interest tables show carded rates for your banking reference only.  Our company will do our best to get the most favorable mortgage interest for you.  The recent examples are: a 1-year fixed rate of 4.85% (special conditions apply).

We hope that you would take this unique opportunity to enjoy all of those benefits that we strive to offer to you.    We promise you our best service.  Please refer to us those you know who are in need of home mortgage; they will surely receive our highest quality service as same as what you have been enjoying.  Thank you for your continuous support. 

首置者熱情減退；市場整體信心慘受打擊；房價卻仍然高企 (Record low interest from first home buyers; big knock to overall market confidence; but prices still seen higher)

根據BNZ 最新的住宅物業調查報告指出，新近出臺的房貸首付措施對樓市特別是首置買家已造成即時及巨大的冲擊。受訪的420名地產仲介中有41% 指出，愈來愈少首置買家踏足市場；這是該住宅物業調查報告自2011年四月份面世以來，首次有地產仲介報告這種罕見情况。BNZ 的首席經濟師表示，該調查報告說明了住宅物業市場已失去動力，問題是它能否迅速回彈？

有16% 的受訪仲介說售房開放日也很冷清；另祗有9% 的仲介說無條件的住房成交宗數有所增加。雖然這是自2011年五月份以來最差的數字，但在目前環境下它仍不失為一個正面的結果。

該首席經濟師表示，假如儲備銀行希望房貸首付措施能壓抑房價，那麼他們將會非常失望；房價上升的勢頭並沒有停下來。

Introduction of ‘speed limits’ on high loan-to-value lending has had a massive immediate impact on the housing market – particularly on first home buyers, according to the latest BNZ – REINZ Residential Market Survey.  Among the 420 agents responding to the survey a net 41% reported seeing fewer first home buyers in the market.  This is the first time since the survey started in April 2011 that agents have reported seeing fewer first home buyers in the market.  “Our survey results from this month’s 420 respondents show that the residential real estate market has lost momentum.  The question now is how quickly it will regain it,’ BNZ chief economist Tony Alexander said.

A net 16% of responding agents this month said they were seeing fewer people going through Open Homes.  Only a net 9% of agents report that more sales are going Unconditional.  This is still a positive result though the weakest since May 2011. 

“If the Reserve Bank had been hoping that the LVR rule changes would have a substantial impact on house price expectations then they will be very disappointed.  Price rises are seen as continuing.”

儲備銀行認為房貸首付新措施將令住房成交量在翌年內減低5% (Reserve Bank analysis suggests that ‘speed limits’ on high loan to value lending will reduce the number of house sales by about 5% in a year)

本國儲備銀行認為房貸首付新措施可在一年內將住房成交宗量減低5%；截至今八月的年度內共有79,472宗住房成交，這意味著在未來一年內將有約4,000個住房因新措施介入而不會成交。他們的模擬分析指出，簽發建築許可證將從現水平下跌2% - 5% 即每月減少40 - 80份，這反映住房成交量跟建築許可在傳統上的相連關係。但他們同時表示，基於很多不同因素，真實情形將不至於此。

儲備銀行續稱，房貸首付新措施在推行的最初數個月內，某程度上是會亂上一陣子。一方面是在新措施推行前的六週內，由於有大量舊預批貸款積壓，確曾引起部份買家急忙入市買房。另邊廂，由於前景不明朗及銀行在新措施推行的首數個月過於保守地處理房貸首付的規定，這將導至房市活動急挫；但經過一段消化時後，新措施對房市的冲擊是會被修正過來的。

Reserve Bank analysis suggests that ‘speed limits’ on high loan to value lending will reduce the number of house sales by about 5% in a year.  Based on the 79,472 house sales that were reported in the year to august, this would mean about 4,000 less house sales in a year.  Their modeling scenarios suggest that the level of dwelling consent issuance might fall by 40 – 80 a month, a 2% to 5% fall from current levels, ‘reflecting a historically close correlation between housing market turnover and the level of consent issuance.’  However, they add that, for a number of reasons, it’s possible the impact won’t be of that magnitude. 

But they said that, generally, LVR restrictions are ‘likely to result in a degree of volatility for the first few months.’  “The six week notice period provided before LVR restrictions came into effect, as well as the significant stock of pre-approvals outstanding, could have caused some buyers to rush in.”  “Conversely significant uncertainty, as well as conservatism on the part of the banks in allocating the speed limit in the initial months, could result in sharp declines in activity initially.  As a result, it may be a number of months until the impact of the policy can be properly gauged.”

Reference:
• BNZ-REINZ Residential Market survey shows record low interest from first home buyers; big knock to overall market confidence; but prices still seen higher by David Hargreaves @ interest.co.nz on October 14, 2013
• Reserve Bank analysis suggests that ‘speed limits’ on high loan to value lending will reduce the number of house sales by about 5% in a year by David Hargreaves @interest.co.nz on October 10, 2013

若大家有各種關於房貸的查詢，歡迎大家撥打09-5356818 或傳遞電郵至aamortgage@xtra.co.nz與張小姐聯系。

If you have any home loan inquiry, you are welcome to discuss it with Anita by phone at 09-5356818 or by email to aamortgage@xtra.co.nz

Note: All Chinese translations exhibited in this newsletter are subject to the English versions (此通訊中所有中文譯本，均以英文為準。)

Disclaimer: The information given in this newsletter is of a general nature and does not constitute specific professional advice in regard to your investment planning.