The trend of fewer but bigger new mortgages continues - with average size hitting a record $408000 - Interest.co.nz

Latest Reserve Bank figures show that while first home buyers are hanging tough, May saw the lowest total number of mortgages approved for a May - barring the pandemic affected May 2020 month

Far fewer, but still getting bigger. That's the new trend in the mortgage market as the latest monthly mortgage figures just released by the Reserve Bank show. The figures show that in May the aver… [+1503 chars]

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