
TMM - News
LVR restrictions eased for investors and owner-occupiers

Wednesday 28th of November 2018
The changes, unveiled with the central bank's Financial Stability Report, mark a gradual relaxation of LVR restrictions designed to cool the housing market. Current LVR rules stipulate that banks can lend only 15% of their book to owner-occupiers with a deposit of less than 20%, and 5% of their investor loans to those with a deposit of less than 35%.
The Reserve Bank Governor...
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