
TMM - News
Households spending 32% of income on mortgage

Wednesday 2nd of September 2020
Homeowners are spending just over a third of their salaries to pay off their home loans.
Housing affordability has slightly improved, CoreLogic said. The cost has dropped slightly due to lower home loan interest rates.
The figure is lower than the 34% paid by Australian households to service their mortgages.
According to the research firm, New Zealand households we...
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