News
Mortgage lending to investors plummets

Friday 21st of December 2018
The Reserve Bank’s latest mortgage lending data is out and it reveals a dramatic decline in the share of new lending going to investors.
There was a total of $6.224 billion in new mortgage lending in November, which is up on last month’s $5.527 billion and on last November’s $5.294 billion.
Of November’s new lending, investors accounted for $1.091 billion...
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