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Cut-backs in low deposit loans could hurt first home buyers

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Auckland, Takapuna: Mortgage broker Christine Lockie tells Radion New Zealand that Intentions by the Reserve Bank of New Zealand (RBNZ) to force banks to hold more capital for people with a less than 20 per cent deposit towards a mortgage will only hurt o… http://www.loanplan.co.nz/about-us/blog/cut-backs-in-low-deposit-loans-could-hurt-first-home-buyers/

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Our Latest Blog Posts

Jul
07
Christine Lockie tells Radio New Zealand news that recent ASB cuts in the mortgage rate is unlikely to precipitate a mortgage war and, in fact, long term interest rates may be going up – listen here to find out why.
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Jun
12
The latest set of New Zealand Reserve Bank rules that will force residential property investors in the Auckland Council area to provide a deposit of 30 per cent from October, is another blow for first homebuyers and mom and pop Kiwis who are trying to save for retirement.
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Apr
13
Changes coming to how you can use your KiwiSaver to get into your first home.
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Mar
25
What factors should you consider when buying a house? Here's why price isn't everything!
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Feb
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1 comment
Three New Zealand Government schemes that, when combined, could help get you into your first home.
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Dec
08
Are the best mortgage deals based on interest rates alone, or is the question more complex than that? Could it, for example, depend on where you are in life and what your future plans hold? Christine Lockie answers your questions in this insightful video...
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