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Tag: mortgage holiday

Westpac The First New Zealand Bank To Give New Zealanders A Mortgage Holiday

Posted on April 11, 2009 by swiggs

Finally there seems to be a little relief for those who are becoming financially stressed by this global economic downturn. Westpac is the first bank in New Zealand to follow Australia’s lead and offer 12-month mortgage holidays.The decision is part of the bank’s new set of measures to help financially stressed customers. Australia’s biggest banks…

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