Reserve Bank's LVR call answered by ASB
Vittoria Shortt says ASB has observed rapid increase in lending to investors since Covid-19.
Brent Edwards
Fri, 13 Nov 2020
The ASB has jumped the gun on other banks and announced it is immediately increasing the minimum deposits investors need to get mortgage finance to buy property.
Yesterday the Reserve Bank said it was considering re-instating loan-to-value restrictions from March next year to stop the growth in
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Brent Edwards
Fri, 13 Nov 2020
Contact the Writer: brent@nbr.co.nz
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Reserve Bank's LVR call answered by ASB
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