Coronavirus fears that mortgage credit could cause a credit crisis


Auckland’s housing market has gotten off to a flying start in 2020, but there are fears that banks are tightening their belts and buyers will struggle to get home loans. Photo / 123rf

Homebuyers employed in sectors made nervous by the coronavirus could soon face a battle for loans as banks minimize their financial exposure to the pandemic.

This week a long-time employee of Air NZ had a

a roof

Priscilla C. Carnegie