interest-only lending
As mortgage deferral scheme ends banks may offer still struggling borrowers a further temporary payment deferral, extend the term of the loan to reduce repayments, or move borrowers to interest-only repayments
31st Mar 21, 10:56am
16
As mortgage deferral scheme ends banks may offer still struggling borrowers a further temporary payment deferral, extend the term of the loan to reduce repayments, or move borrowers to interest-only repayments
Loans worth almost half the nation's GDP are on interest-only terms. We look at the data behind why the RBNZ has expressed concern over these levels, and who is most vulnerable
10th Jan 18, 12:46pm
124
Loans worth almost half the nation's GDP are on interest-only terms. We look at the data behind why the RBNZ has expressed concern over these levels, and who is most vulnerable