Home loan speed limit set to stay
Restrictions on low-deposit home loans are likely to continue for longer due to a surge in house prices, says ratings agency Standard & Poor’s.
Restrictions on low-deposit home loans are likely to continue for longer due to a surge in house prices, says ratings agency Standard & Poor’s.
New Zealand consumer confidence rose in the first three months of the year, as Kiwis enjoyed cheaper fuel prices and lower fixed home-loan rates.
Experts say major moves in mortgage rates in the next six months are unlikely, but the only direction they will be heading is further down.