
Mortgage News
Housing risk with lower OCR – S&P
Tuesday 22nd of March 2016
The ratings agency has released a statement on the outlook for the New Zealand market and it warns there is a risk of a spike in house price inflation occurring.
This could occur if the banks pass through the full OCR cut to home loan borrowers, as it would result in further demand pressure.
If house prices resume their rapid growth, Standards & Poor’s expect to conclude that...
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