Issue: No. 30 (February, 2014)

房貸資訊分享【Home Mortgage Information Update】

邁進馬年，恭祝大家萬事如意、身體健康！更感謝大家多年來的支持。假期完畢，充電後, 現已完全恢復辦工。若大家有任何查詢，可用電郵aamortgagte@xtra.co.nz 或電021-322113 直接跟張小姐聯系。

現時本國正值盛夏，大家注意防曬，可多食用一些時令蔬果及經常補充水份。特別我最喜愛的櫻桃, 今年價廉物美, 實在太高興了。戶外活動，則不要太劇烈為要。

We have entered into Year of the Horse; I would like to take this opportunity to wish you a great success, a great health and a wonderful prosperity in this year.  Especially thank you for your continuous great support in the past years!!  My holiday is over; I am fully recharged and I am back to work now.  If you have any enquiry about home loan, please feel free to talk to Anita Cheung by phone at 021-322113 or by email to aamortgage@xtra.co.nz

We are in the summer season; it is sometimes scorching in afternoon.  Beware of sun burn and please eat more seasonal fruits and vegetables and drink more water.  I am so excited to have found plenty of juicy and red cherries available in supermarkets; they are cheap as well!!  When you do exercises outdoors, please mind the heat stroke.

 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	5.25%	5.49%	5.85%	6.29 %	6.65%	6.99%	7.20%
ASB Bank	5.35%	5.49%	5.85%	6.29%	6.60%	6.99%	7.20 %
Westpac Bank	5.40%	5.39%	5.85%	6.29%	6.65%	6.99%	7.20%
Co-op Bank	5.35%	5.29%	5.85%	5.85%	6.25%	6.85%	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.
Co-op Bank	Revolving: 5.70% 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: 固定一年5.09%, 一年半5.49% 及二年5.69% (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: 5.09% for 1-year, 5.49% for 18-months and 5.69% for 2-year (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. 

本國儲備銀行上週這樣說…(What the RBNZ said)
本國儲備銀行仍然將官方貼現利率維持在2.5%。本國現時經濟增長的勢頭牛氣衝天，出口商品 (特別是乳製品)的價格持續高企。消費及商業信心堅挺；淨流入的移民數目在過去幾年間急速遞升帶動了消費及住房市場，由於南島的重建工程及奧市房源短缺，令到本國建造業大大受惠。截至去年九月底，本國國民生產總值增加了3.5%，並預期在來年這個增勢仍能火紅下去。雖然農產品的出口價格將會下調，但本國整體的出口值會因全球經濟好轉而水漲船高。

現時紐元的匯率偏高，雖然對本國出口貿易行業帶來不良影響，但儲備銀行相信高匯率不會維持太久。

現時整體通脹仍算溫和，但通脹壓力在未來二年將逐漸加強，故此，本國有需要將利率調整至一個合適的水平；儲備銀行不排除在短期內會對官方貼現利率作出相應的微調舉動，但調整的力度及時間將視乎當時的經濟環境而改變。

The Reserve Bank has left the Official Cash Rate unchanged at 2.5%.  New Zealand’s economic expansion has considerable momentum.  Prices for New Zealand’s export commodities remain very high, especially for dairy products.  Consumer and business confidence are strong and the rapid rise in net inward migration over the past year has added to consumption and housing demand.  Construction activity is being lifted by the Canterbury rebuild and by work in Auckland to address the housing shortage.  GDP grew by 3.5%in the year to September, and growth is expected to continue around this rate over the coming year.  While agricultural export prices are expected to come off their peak levels, overall export demand should benefit from improving growth in the global economy.

The high exchange rate continues to dampen inflation in the traded goods sector, but the Bank does not believe the current level of the exchange rate is sustainable in the long run.  While headline inflation has been moderate, inflationary pressures are expected to increase over the next two years.  In this environment, there is a need to return interest rates to more-normal levels.  The Bank expects to start this adjustment soon and remains committed to increasing the OCR as needed.  The scale and speed of the rise in the OCR will depend on future economic indicators.

高比率房貸申請個案繼續減少 (High-LVR share drops further)

儲備銀行的最新數據顯示本國各主流銀行在去年十二月處理的高比率房貸申請個案數量進一步下跌；借貸額超過80%上限的個案祗佔總申請個案的4.7%，同年十月份為11.7%，十一月份也佔5.8%。一般而言，各銀行批出的高比率房貸不能超過總批出量的10%。

梅西大學發言人表示，這個下跌趨勢並不令人驚訝，因為各銀行在處理高比率房貸申請個案上寧可保守些，也不甘願冒被罰款之虞。發言人續稱，因各銀行均想保留一個較大的緩衝空間，故此她預期高比率房貸申請個案數量不會超過7%。

The latest data from the Reserve Bank shows that the percentage of high-LVR lending being done by the mainstream banks dropped further in December.  After exemptions, lending above 80% was only 4.7% of new loans, down from 5.8% in November and 11.7% in October.  Banks can lend no more than one in 10 of their new loans to borrowers with a deposit of less than 20%. 

Massey University’s Claire Matthews said it was not surprising that it had dropped.  “Where there is a limit and banks can’t afford to have it go over because of the penalties, they are going to err on the conservative side.”  Matthews said she would not expect the proportion of lending over 80% to get beyond 7% because banks would want to leave a good buffer.  “I could see it staying at this level because they’re cautious, they can’t risk going over 10%.”

Reference:
High-LVR share drops further @www.mortgagerates.co.nz by Susan Edmunds on 29/01/2014
What the RBNZ said @www.mortgagerates.co.nz on 30/01/2014

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.