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Jenee Tibshraeny: The Reserve Bank proposal to loosen loan-to-value ratio restrictions will happen

Author
Newstalk ZB,
Publish Date
Wed, 26 Apr 2023, 8:07pm
Photo/Doug Sherring.
Photo/Doug Sherring.

Jenee Tibshraeny: The Reserve Bank proposal to loosen loan-to-value ratio restrictions will happen

Author
Newstalk ZB,
Publish Date
Wed, 26 Apr 2023, 8:07pm

The Reserve Bank might make things easier for prospective borrowers to get a mortgage.

The RBNZ is proposing to loosen loan-to-value ratio (LVR) restrictions, giving banks more leeway to lend to high-risk borrowers.

NZ Herald Wellington business editor Jenee Tibshraeny says the Reserve Bank is proposing a relatively small change to LVR restrictions, and this change is likely to happen.

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