Business
Low-deposit home loans ‘risk to financial stability’ – Stuff.co.nz
Loan to value ratio restrictions will be brought back next year as both the Reserve Bank and the Government trade blame over who should do more to rein in soaring…
Loan to value ratio restrictions will be brought back next year as both the Reserve Bank and the Government trade blame over who should do more to rein in soaring house prices.
The Reserve Bank made the announcement on loan to value ratio restrictions (LVRs) in its Financial Stability Report (FSR) on Wednesday morning.
The FSR is released every six months. It measures the stability of the financial system along with the health of the insurance sector and payments system.
In its report, the bank…
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