business
breaking news Reserve Bank of New Zealand confirms it will ease lending restrictions to value from June 1
The Reserve Bank of New Zealand eased macroprudential requirements, confirming a proposal to ease the mortgage loan-to-value ratio
- LVR restrictions will be relaxed to 15% for loans with LVR above 80% for owner occupiers
- LVR restrictions will be relaxed to 5% for loans with LVR above 65% for investors
Earlier this week:
Reserve Bank of New Zealand Governor Orr
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