Ep. 36 - Support extended, mortgage payment data and the drop away in appraisals
In Episode 36, Nick and Kelvin chat about the extension of support to the economy off the back of the latest return to social restrictions. This includes an extension to the wage subsidy scheme and the mortgage deferral scheme.
There has been a bunch of data about the potential impact to the economy of the latest lockdown so Kelvin breaks it all down and the pair also discuss the media coverage of missed mortgage payments from last week.
Lastly, Nick covers off the latest insights from the CoreLogic early market indicators as appraisals completed by agents plummeted since the return to lockdown level 3 in Auckland, but demand for mortgages holds up.
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