ANZ has dropped stress testing rate from 7.65% to 7.2%
What if DTI could be changed back to LVR?
What if Less restrictions would be put on the banks?
Housing might be second thing to be considered by the government
NOW economy is the priority for the government to reboot.
Reference
https://www.nzherald.co.nz/business/economy/official-cash-rate/how-adrian-orrs-departure-from-the-reserve-bank-could-both-benefit-banks-and-lift-ocr/5PAQIKY44JG27BH4CB7FE4FVRQ/?fbclid=IwY2xjawJAtcBleHRuA2FlbQIxMQABHRHYDKvLgbeNihYUOp-dzscwmxljtkOk9ETLbkxsafOJLCVjfR7WksVnLQ_aem_umu6BVawePjNoDGkgGjHNQ#google_vignette
Disclaimer:
The opinions expressed in this article should not be taken as financial advice, or a recommendation of any financial product. Frank Real Estate shall not be liable or responsible for any information, omissions, or errors present. Any commentary provided are the personal views of the author and are not necessarily representative of the views and opinions of Frank Real Estate. We recommend seeking professional investment and/or mortgage advice before taking any action.
Recent Comments