Mortgage News

LVR restrictions at odds with Government: Eaqub

Wednesday 14th of August 2013

The Reserve Bank yesterday released its response to submissions on high-LVR restrictions and confirmed when it introduced restrictions, it would do so as a proportion of the new high-LVR lending a bank did, rather than  restricting low-deposit loans altogether. 

No official decision has been made on when to deploy the tool but it seems they are not far off. 

Deputy...

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