GoodReturns

New Zealand households more exposed to mortgage defaults

Highly-indebted households with large mortgages and little savings buffers face increasing risk of defaulting on their loans, the pre-release of the Reserve Bank’s November Financial Stability Report says.

Sally Lindsay

Tue, Oct 31st 2023 09:23AM

No loosening of high OCR settings

5 min read

Interest payments on mortgages soar

2 min read

Specious arguments from big banks need to be taken down - Habilis

7 min read

Recovery in mortgage lending expected in next six months

5 min read

Wealth falls, inflation drops but lower OCR still a way off

3 min read

Akahu aspires to be the "plumbing" of open banking

3 min read

Refinancing becoming a hot option for borrowers

4 min read

Changes can’t come fast enough

4 min read

Inflation drops lower than predictions

2 min read

Fiscal restraint probably on the table

4 min read

Number of borrowers ahead on repayments dips slightly

3 min read

New code for debt collectors

3 min read

Book aimed at small businesses

4 min read

Will repealing the CCCFA be enough?

5 min read

Westpac streamlines process for switching banks

2 min read

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