News

LVRs kept on hold

Wednesday 27th of November 2019

It has made the call as part of its latest Financial Stability Report (FSR), which was released this morning.

Reserve Bank governor Adrian Orr says that LVR limits have been successful in reducing the more excessive household mortgage lending.

“The LVR rules have improved the resilience of banks to a deterioration in economic conditions.”

Yet fears of excessi...

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