RBNZ to signal end of LVR rules
Restrictions on low deposit, high mortgage lending to end as the RBNZ ponders a less inflationary world.
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Hawke’s Bay
The future for loan to value (LVR) restrictions on low deposit mortgages will be signalled on Wednesday, and there is growing likelihood they will soon go.
The rules were kicked off by the Reserve Bank last October, ostensibly as a tool to prevent the number of low deposit/high mortgage loans
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Rob Hosking
Mon, 10 Nov 2014
Mon, 10 Nov 2014
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