Mortgage News

Banks target first-home buyers

Wednesday 20th of February 2013

Both ANZ and BNZ were strong players in the high loan-to-value ratio (LVR) mortgage space in the December 2012 quarter, new data reveals.

David Tripe, of Massey  University’s centre for banking studies, said that showed they were more aggressively seeking out first-time buyers.  “It would be interesting to know what insurance arrangements for the loan are tied up with the loans...

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