Why Auckland CV changes won't affect mortgage lending
First-home buyers to pay more as government withdraws insurance support
Two in five first-home buyers use low deposits
Many are seeing them as a useful option
"Kiwis like supporting Kiwis," mortgage adviser says
The industry finds itself in an uncertain situation looking ahead, and getting back to normal will take some adjustment after the flush pandemic years – but mortgage specialists are up to the challenge
The move was so the bank could meet RBNZ's tightened loan-to-valuation requirements
But it comes with a $2,500 hitch
Property lawyer outlines factors causing the issue
Amendments were designed to protect borrowers from predatory lenders