Business
New Zealand to further limit mortgages amid relentless housing boom – The Australian Financial Review
A previous tightening of restrictions has proved insufficient to reduce risky lending. If house prices were to fall, some buyers…
Wellington | New Zealands central bank said it intends to further restrict access to mortgages as house prices continue to soar.
The Reserve Bank plans to reduce the amount of low-deposit lending banks can make from October 1, and will also consider introducing…
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