Mortgage News

Lending growth will slow – S&P

Thursday 6th of April 2017

Risks stemming from rising house prices and household debt levels are expected to stabilise in 2017, according to the global ratings agency’s latest outlook for New Zealand’s banking sector.

This is because New Zealand’s credit cycle is maturing and both credit growth and house price growth are now expected to slow.

Standard & Poors financial institutions ratings assistant dir...

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