Mortgage News February 26, 2020
Happy Easter and more...

Interest rates have surprisingly lowered further and may even get a bit lower yet, so contact us anytime up to a couple of months before your fixed rate loan term ends, and we’ll negotiate a better one for you even if we did not arrange your lending. Many of our customers already know there's no extra cost to use our service!

NZ Bank Eonomists forecast there may be another 0.5% cut to the Official Cash Rate next year and then the OCR to remain at 1.25% until 2023 so that's great for property buyers. House sales have slowed while values continued increasing slightly in most of Auckland but both sales and values keep increasing in many of the provinces. Now is a good time to buy so contact us for your next loan or refix.

History of the Easter bunny - If you’ve ever wondered why the Easter Bunny is recognised as the universal symbol of Easter, look no further !                                                                                                  

German Protestants - The “Easter Hare” has been around since the late 1600s. The Easter Hare was a rabbit that laid coloured eggs as gifts for well-behaved children (if this sounds similar to Santa Claus, that’s because the German Protestants imagined the Easter Bunny would function like Santa Claus). The Easter Bunny went to America in the 1700s through Dutch settlers, and from there, the tradition of waiting for the Easter Bunny to leave coloured eggs for children spread. This is the tradition that led to modern day Easter egg hunts!      Pagan celebrations - The other origin story involves the pagan celebrations of the springtime renewal of life and fertility. The anniversary of Christ’s resurrection was also aligned with the spring equinox, linking springtime and Easter together. Eggs and rabbits both represented fertility and people celebrated the arrival of Easter by decorating eggs.

Easter today - The Easter Bunny is now an official symbol of the Easter holiday. Kids see the Easter Bunny just like Santa Claus – someone visiting secretly overnight leaving treats to discover in the morning!

No matter how you and your family choose to celebrate Easter, we hope you have a happy one and don’t over indulge in chocolate to then have to spend months of dieting before the next great summer comes around.


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