Hi
If the banks are stress testing their customers as per this.....
"This test is done on principal and interest payments over a 30-year term at whatever their servicing rate is, typically between 6 per cent and 7 per cent."
Then isn't all this doom and gloom...
Header Ad Module
Collapse
Announcement
Collapse
No announcement yet.
User Profile
Collapse
-
Bank "Stress Testing" and Media hype?
-
Hi
I will only stay in Mt Wellington for a few more years then retire back down too Canterbury.
Being brought up on the standard 1/4 acre with big back yard and garden I could never live on one of those town house developments.
Plus I don't want too think what they will be...
-
Hi
These town houses are at the end of my street and yes they don't look nice at all.
But it is the way my area is going with another 6 or more sites being built on as we speak.
All with in a 10 house walk of my PPOR.
My PPOR is a single story 1950 dwelling on a...
Leave a comment:
No activity results to display
Show More
Leave a comment: