
TMM - News
Mortgage borrowing rebounds in May

Thursday 25th of June 2020
Total mortgage borrowing hit $4.3 billion last month, up from $2.7 billion in April, according to the latest Reserve Bank data.
The figures reflect a month where most New Zealanders were in lockdown under alert level three, before moving to level two in mid May.
The data underlines a recovery from the depths of stricter lockdown levels, which halted most property market activity...
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