ONLY CHARTS #322
Aus housing loan repayments, NZ new mortgage fixing, Cross-country retail trade
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1. The value of scheduled housing loan repayments in Australia was again broadly steady relative to household disposable income. Interest payments declined amid modestly lower mortgage interest rates.
2. The sharp drop in 2-year fixed mortgage interest rates in New Zealand saw a surge in the share of new housing loans originated at a 2-year maturity in March.
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