EPISODE · Jun 29, 2022 · 3 MIN
Jenée Tibshraeny: NZ Herald Wellington Business Editor on three banks pausing mortgage lending for small depositors
from Best of Business · host Newstalk ZB
ASB and ANZ are both pausing their mortgage lending again for anyone who has less than a 20 percent deposit.Meanwhile, Westpac is now limiting availability.The three banks reckon they're coming up against the limits the Reserve Bank has set for them on the amount of high-risk lending they're allowed to do.NZ Herald Wellington Business Editor Jenée Tibshraeny joined Heather du Plessis-Allan.LISTEN ABOVESee omnystudio.com/listener for privacy information.
What this episode covers
ASB and ANZ are both pausing their mortgage lending again for anyone who has less than a 20 percent deposit. Meanwhile, Westpac is now limiting availability. The three banks reckon they're coming up against the limits the Reserve Bank has set for them...
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Jenée Tibshraeny: NZ Herald Wellington Business Editor on three banks pausing mortgage lending for small depositors
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