Mortgage News

Ways around LVR restrictions

Friday 28th of June 2013

RBNZ deputy governor Grant Spencer spoke yesterday on macroprudential policy and the housing market.

He said the overheated housing market was a threat to future financial stability and the Reserve Bank was seriously considering the use of macroprudential policy.

A fear of pushing the New Zealand dollar up while inflation was low was the main restraint on using interes...

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