News

Investor mortgages creeping up

Friday 25th of May 2018

The Reserve Bank’s latest mortgage lending data shows there was a total of $5.375 billion in new lending in April.

While this total was slightly down on the March’s total of $5.852 billion, it was up on the $4.558 billion of new lending seen in April 2017.

Of April’s new lending, investors were responsible for $1.264 billion.

Again, this was a little do...

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