Karen Asquith: Real Estate Agent says now is a good time for homebuyers to be looking
The Reserve Bank is looking to make it easier for potential home buyers to get into the market.
They're proposing changes to the loan to value restrictions, which currently mean banks can only give 10 percent of new loans to borrowers with deposits under 20 percent.
They want to up that to 15 percent at the beginning of June.
Bayleys Real Estate Agent, Karen Asquith told Mike Hosking anything that encourages market activity is positive.
She says now is a good time for buyers to be looking, with changes easing first home buyers and investors into the market.
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