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Doom and gloom sentiments about the current state of the economy have caused unnecessary panic over the housing market and the future of investing. This unfounded fear has led many to make some very erratic decisions that could harm their longterm financial stability. Today, we take apart misconceptions about how banks deal with economic downturns, why your mortgage payment scheme is crucial at this point and what you can do if you have been financially affected by the pandemic.

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Disclaimer: The information provided in this video is for educational purposes only and does not constitute personalized financial advice. We recommend seeking advice from a qualified professional before making any investment decisions.

*Property Advice Group Limited trading as Property Apprentice has been granted a FULL Licence with the Financial Markets Authority of New Zealand. (FSP Number: FSP157564) Debbie Roberts | Financial Adviser (FSP221305) For our Public disclosure statement please go to our website or you may request a copy free of charge.