LVR Rules Relaxed, Housing Market Winding Up & How 6.5% Mortgage Rate Affects Finances

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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 TOPICS:
Topic #1: Oneroof May 30th of May -Could your finances handle a mortgage rate of 6.5%?

Topic #2: RNZ 28th of May- Nelson budgeting service expands as cost of living crisis deepens

Topic #3: The Mortgage Mag 30th of May-Huge chunk of income needed for average house

Topic #4: Stuff 1st June- Loan-to-value rules relax: What will it mean for house prices?

Topic #5 1News 1st of June -Tentative confidence housing market downturn winding up - CoreLogic

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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.