
TMM - News
Financial Stability Report: DTI and high-risk lending a concern

Wednesday 25th of November 2020
The biannual report, released this morning, reveals banks are "more willing to grant higher DTI loans to comparable borrowers than in 2018", with the average DTI for owner-occupiers rising to 5.3, from 4.8.
But the central bank pointed to lower debt servicing costs, due to low interest rates, giving borrowers more capacity to absorb declines in income.
The...
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