Jenee Tibshraeny: NZ Herald Wellington business editor on the Reserve Bank potentially loosening loan-to-value ratio restrictions
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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