Topics
Concept
Label
Principal residence loans and other owner-occupied residence loans
en-NZ
Description
These are loans for constructing, purchasing, or improving the household’s owner-occupied residences. Examples are home mortgage loans, home equity lines of credit for home improvement, money borrowed for a deposit on a home purchase, and bridging finance taken out until a home loan is obtained. Questions on reverse mortgages were not included in the survey.
en-NZ