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Jenee Tibshraeny: What do RBNZ debt-to-income restrictions mean for first home buyers?

Author
Newstalk ZB,
Publish Date
Wed, 24 Jan 2024, 8:17pm
Photo / NZ Herald
Photo / NZ Herald

Jenee Tibshraeny: What do RBNZ debt-to-income restrictions mean for first home buyers?

Author
Newstalk ZB,
Publish Date
Wed, 24 Jan 2024, 8:17pm

Questions are being raised over what incoming restrictions from the Reserve Bank mean for first home buyers.

The banking regulator proposed debt-to-income restrictions for owner-occupiers, to be introduced mid-2024.

NZ Herald Wellington business editor Jenee Tibshraeny says this is unlikely to set off alarms for prospective buyers, as interest rates are a bigger issue.

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