Potential Increases in Investment Mortgage Pricing
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Last November the Reserve Bank increased the amount of capital Banks needed to hold when lending on investment properties which we comments on in a previous blog HERE. As per our comments then the Banks have been absorbing so far the pricing difference with it being such a competitive market that they are not wanting to lose market share. In the last couple of weeks we.....
Are we going to see another Lending Restriction introduced?
Topics:
Economy,
Property Investment
The market and in particular the Auckland market seems to be back in full swing. After a few months with lower overall sales numbers and auction clearance rates falling the last couple of months the last month or so has seen a complete reversal with Auckland hitting the highest ever median sale price according to REINZ in March and strong sales numbers appearing across the board.
With the hit to the Agri market the Reserve Bank can’t increase.........
With the hit to the Agri market the Reserve Bank can’t increase.........