Article tagged with 'investor lending'
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Fall in real house prices expected by Reserve Bank
20 Aug 2021 - The Reserve Bank is now predicting house prices will actually start falling from the third quarter of next year.
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Investor mortgage lending waning
12 Aug 2021 - Interest-only lending to investors has dropped as a percentage of overall mortgage lending.
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Mortgage lending holds up in May
28 Jun 2021 - Mortgage borrowing hit $8.9 billion last month as investors, first home buyers, and other owner-occupiers remained active despite record house prices and new lending restrictions.
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Investor activity falls
22 Jun 2021 - More than half of mortgage advisers reported a decrease in investor activity over the past month, according to a new survey from economist Tony Alexander.
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ASB launches 1.79% variable rate for new builds
17 May 2021 - ASB has launched a market-low 1.79% variable rate for new build homes, as the lender attempts to play its part in tackling the housing crisis.
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ANZ tightens investor servicing
11 May 2021 - ANZ has tightened its affordability criteria for investor lending and will only count 65% of rental income when assessing new mortgages, marking the first major change from a big four bank since the Government's housing reforms.
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Are interest-only lending limits now less likely?
07 Apr 2021 - Reinstated loan-to-value ratio restrictions and the Government's housing reforms could make interest-only lending curbs less likely, according to a new report.
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ANZ reviews investor lending amid reforms
25 Mar 2021 - ANZ is the first big four lender to confirm that it will review investor lending assessments following the Government's housing reforms.
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Scrapping tax deductibility not the way to go
23 Mar 2021 - Limiting tax deductibility for property investors’ mortgage interest would be a better game changer than scrapping it altogether, says Westpac acting chief economist Michael Gordon.
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Policy ‘not rooted in reality’
23 Mar 2021 - NZPIF president Andrew King says he is astounded the Government has not done any work on the fiscal reality of its policy scrapping tax deductibility on landlord mortgages.