When the Banks Say ”No”, The Bank of Mum and Dad moving in with the Kids & Rental Prices Inch Up

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“The Week in Review”  is where we talk about current events for the everyday investor and homebuyer.

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THIS WEEK IN REVIEW TOPIC SOURCES:

Topic #1: Oneroof 8th August -When the bank says ‘no’ to a mortgage application

Topic #2: The Mortgage Mag 8th August -Latest survey good news for the RBNZ

Topic #3: Landlords.co.nz 8th August - Rental prices inch up; property sales slump to new low

Topic #4: Oneroof 9th August- Why the bank of mum and dad is now moving in with the kids

Topic #5 RNZ 10th August- Falling house prices put some homeowners into negative equity

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*Nothing from this episode should be taken as individual financial advice.

*Property Advice Group Limited trading as Property Apprentice has been granted a FULL Licence with the Financial Markets Authority of New Zealand. (FSP Number: FSP157564) Debbie Roberts | Financial Adviser (FSP221305) For our Public disclosure statement please go to our website or you may request a copy free of charge.