Property investors offered 20-year interest-only loan

One of the country’s biggest non-bank lenders is going against the grain, and offering property investors the chance to lock in long-term, interest only loans. Rising interest rates and economic uncertainty have prompted banks to ask many investor customers to move from interest-only payments to more expensive principal-and-interest payments on their mortgages.

Read More: https://www.stuff.co.nz/business/property/129992742/property-investors-offered-20year-interestonly-loan?cid=app- 

Source: Stuff