Mortgage News

Prospect of DTIs looms larger

Tuesday 25th of October 2016

It emerged today that the Reserve Bank has formally asked the government to allow it to add DTIs for residential mortgage borrowers into its existing suite of macro-prudential tools.

A spokesman for Finance Minister Bill English confirmed to media that a request has been made, but said the minister has asked for more information before the government made a decision.

Debt-to-incom...

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