Promise of more mortgage lending restrictions fuels house price inflation
Would-be house buyers are likely to get into the market before the further mortgage lending restrictions the central bank is planning, perversely undermining existing restrictions. With special feature audio.
Jenny Ruth Thu, 11 Aug 2016
The likelihood the Reserve Bank will introduce yet further mortgage lending restrictions is helping to fuel the housing market’s relentless upward march.
The central bank told the banks to pass on its latest loan-to-valuation restrictions immediately – before their official September 1 start date
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