The Reserve Bank’s move to tighten lending for property investors will have a “significant impact on the market” new research suggests.
A new analysis of mortgage registration shows nearly a third of mortgages registered in Auckland this year were in the name of ANZ.
New Zealand mortgage holders may find they will be paying more for their loan as bank funding costs rise thanks to Brexit.
A fourth major bank has announced lending criteria changes for overseas income and non-resident borrowers.
Property finance influencer on why it is a good time to get into home ownership
The Reserve Bank notes that other countries apply their restrictions to all lenders
REINZ says the low numbers are down to a decrease in listings