There is no such thing as a holiday, it’s actually a deferment where the money will either be added to your outstanding balance or your mortgage term will be extended.
We have been closely monitoring the impact of COVID-19 on the New Zealand property and mortgage market. We are here to help and make sure you stay on track.
Take one flat housing market. Add sub-4% interest rates. Stir in tight lending criteria. What do you get? Banks that are competing hard for quality borrowers.
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