
Mortgage News
Strong disapproval of ban on low home deposits
Friday 24th of May 2013
Horizon said 36.6% of respondents would approve if a deposit requirement were imposed by the Reserve Bank using a new tool in order to help deal with high housing demand and prices in Auckland and Christchurch.
However, 24.4% are not sure when asked if they would approve or disapprove of minimum 20% deposits being required to secure a mortgage from a bank in New Zealand.
The Horiz...
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