Jenée Tibshraeny: NZ Herald Wellington Business Editor on three banks pausing mortgage lending for small depositors
ASB and ANZ are both pausing their mortgage lending again for anyone who has less than a 20 percent deposit.
Meanwhile, Westpac is now limiting availability.
The three banks reckon they're coming up against the limits the Reserve Bank has set for them on the amount of high-risk lending they're allowed to do.
NZ Herald Wellington Business Editor Jenée Tibshraeny joined Heather du Plessis-Allan.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.