The RBNZ has signalled it is likely to ease lending restrictions, making it easier for people with smaller deposits to secure a mortgage. On AM, Milford Portfolio Manager Frances Sweetman explains the rationale for this decision and why it is unlikely to have an impact on house demand – which according to banks has decreased 30% over the past six months, and expected to drop another 25% in the next six months.
Milford on AM 27 April 23
A disclosure statement is available on request and free of charge. For more information about getting advice at Milford please see Getting Advice at Milford
Disclaimer: Milford is an active manager with views and portfolio positions subject to change. This blog is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a guarantee of future performance.