RBNZ evaluating whether to ease LVR restrictions

Mon, 12 Nov 2018

By Rebecca Howard Nov. 13 (BusinessDesk) - The Reserve Bank of New Zealand is evaluating whether to further ease mortgage curbs and will update the market in its upcoming financial stability report (FSR), deputy governor Geoff Bascand said. "Our risk tolerance for the recent housing and credit boom is implied by our calibration of the loan-to-value restrictions. We keep these settings under review and will publish our next assessment of them in the upcoming FSR," Bascand said in a speech in Sydney. The FSR is due to be published on Nov....

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