The major banks are revealing little on whether they intend to match the market’s lowest rate in 50 years, announced by HSBC on Wednesday.
An Auckland mortgage broker highlights a client scenario that shows banks are taking lifestyle factors into consideration under the new ‘Responsible Lending’ regime.
Mortgage advisers note concerning changes in investor loans
It examines developments following latest reforms and reinstatement of LVR restrictions
Government plans to restrict deductibility of mortgage interest for investors