NZ’s National Vows to Ease Deposit Rules for First-Home Buyers

New Zealand's National Party announced it would expand access to low-deposit mortgages for first-home buyers if re-elected in November. The party did not specify the exact deposit threshold changes or implementation timeline in the available statement. Current first-home buyer mortgage requirements in New Zealand require a minimum 10 percent deposit, with some lenders offering lower rates for larger down payments.

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