Banks may be deciding low equity loans to first home buyers are just not worth the risk - Interest.co.nz

First home buyers with less than a 20% deposit are paying more for a home than buyers with a full deposit, pushing up their mortgage risk profile for banks

House prices may be declining and mortgage interest rates may be rising, but the amount first home buyers are paying to get their own home remains at or near record highs. According to the Real Esta… [+2927 chars]

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