Reserve Bank (RBNZ)- no change to mortgage lending restrictions

27/11/2019 / stevelindsaynz

The Reserve Bank (RBNZ) has decided to leave mortgage lending restrictions as they are, citing concerns low interest rates could prompt banks to lend more to borrowers with small deposits.

Source: Interest.co.nz

https://www.interest.co.nz/property/102754/reserve-bank-keeps-restrictions-mortgage-lending-place-noting-low-interest-rate

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Steve Lindsay

Steve Lindsay, Professionals MacPherson Realty Ltd, Invercargill, New Zealand

Reserve Bank (RBNZ)- no change to mortgage lending restrictions

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