Reserve Bank holds loan-to-value ratio settings unchanged
The Reserve Bank has kept its loan-to-value ratio restrictions on home lending at current levels, judging housing risks as contained.
The Reserve Bank of New Zealand has maintained its loan-to-value ratio settings as part of its macroprudential policy framework. For owner-occupiers, the settings allow up to 25% of new lending to have an LVR above 80%, while for investors this is limited to 10% of new lending above 70%. The decision reflects the Reserve Bank's assessment that housing risks are currently contained.
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BusinessDesk
Reserve Bank stays loan-to-value ratios
The Reserve Bank of New Zealand has held loan-to-value ratio (LVR) settings at their present settings, as part of its macroprudential policy framework. For owner-occupiers, the settings allowed up to 25% of new lending to have an LVR above 80%.…
interest.co.nz
RBNZ says housing risks 'currently contained,' leaves LVR settings unchanged after review
Reserve Bank holds loan-to-value-ratio restrictions on banks' home lending at current settings, seeing housing risks as 'contained'