As the Reserve Bank ponders the likely introduction next year of measures to limit high debt-to-income lending, latest figures show Kiwis – particularly first home buyers – are continuing to stretch themselves further and further to buy houses – Interest.co.nz
How much higher can they go?
Debt to income ratios of particularly first home buyers are still going through the roof, a crunch of the latest Reserve Bank figures on residential mortgage lending by debt-to-income ratio (DTI) shows.
The latest figures show…
