Reserve Bank to Ease Mortgage Lending Restrictions

Reserve Bank proposes easing loan-to-value ratios

The chances of first-home buyers getting a mortgage may improve with a proposal to allow banks to lend more to low-deposit borrowers.

Reserve Bank may ease loan-to-value ratios

The RBNZ is proposing to let banks have up to 25% of new lending to owner-occupiers with less than a 20% deposit. Photo: Getty Images By Gyles Beckford of RNZ  The chances of first-home buyers getting a mortgage may improve, with a proposal to allow banks to lend more to low-deposit borrowers.

Reserve Bank to ease mortgage lending restrictions

The Reserve Bank is to relax restrictions on lending by banks making it easier for low deposit borrowers. From December, commercial banks will be allowed to...

RBNZ Plans to Ease Restrictions on Higher-Risk Housing Loans

New Zealand’s central bank will allow lenders to make more higher-risk housing loans from December in a potential boost to the property market.

Plan To Ease Home Lending Restrictions Welcomed

Relaxing the restrictions on the amounts banks can lend will make it easier for Kiwis to get a foot on the property ladder, Nicola Willis says.

Reserve Bank to loosen mortgage lending rules

Finance Minister Nicola Willis has welcomed the changes, saying they will help first home buyers.