RBNZ says households are coping, at least for now, with higher mortgage rates - Interest.co.nz

Reserve Bank says there's no sign that higher servicing costs are as yet translating into substantive increases in the level of arrears or stress in commercial bank home lending portfolios

Buyers who bought houses at the peak of the market in 2021 are facing substantial increases in mortgage interest costs, but they are coping - at least for now, according to the Reserve Bank (RBNZ). … [+4188 chars]

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