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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
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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
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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