News

LVR restrictions could work: NZPIF

Thursday 15th of November 2012

In its Financial Stability Report, the Reserve Bank said that banks had relaxed their credit criteria over the past year.

"Discussions with banks suggest that high loan-to-value ratio (LVR) loans are now beginning to form a significantly larger share of new mortgage lending than has been the case for most of the period since the financial crisis," it said.

"Howeve...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.