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Hot Topic Reporting season
Economics
1 mins to read

RBNZ may ease LVR mortgage restrictions

If approved, the changes would take effect from June 1.

Deputy governor Christian Hawkesby.

NBR Staff Wed, 26 Apr 2023

The Reserve Bank has today proposed to ease mortgage loan-to-value restrictions from June 1.

Current LVR settings were introduced in November 2021 when house prices were rising rapidly and limited lending to new homeowners and investors with low deposits.

Deputy governor Christian Hawkesby said the

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NBR Staff Wed, 26 Apr 2023
Contact the Writer: editor@nbr.co.nz
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RBNZ may ease LVR mortgage restrictions
Economics,
98751
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