TMM - News

RBNZ coy on DTIs but plans public consultation

Thursday 2nd of November 2023

The RBNZ intends carrying out public consultation on potential DTI settings in the first quarter.

DTI restrictions on residential mortgage lending set limits on the amount of debt borrowers can take on relative to their income. This supports financial stability by limiting higher-risk mortgage lending, thus reducing the likelihood of a future housing-related financial crisis, the centra...

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.