Lending, credit, mortgage debt

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Call it what you will, this week it's all about money, and it's importance when it comes to the property market. Kicked off, due to Kelvin's article on the 10 things to know about mortgage debt right now, Nick and Kelvin detail how the cost and availability of credit truly make the property world go around. 

This is true for investors, first home buyers and other owner occupiers moving house as affordability remains squeezed due to high prices and high interest rates. Nick takes the opportunity to delve into the latest Buyer Classification series for each of the main centres and reveals some of the key differences. 

Kelvin also covers off the latest RBNZ data on how long borrowers are fixing their mortgage rates/payments for.

The main thing to look out for this week is the Q3 GDP data, but our annual best of the best report will also be available from Wednesday.

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