Reserve Bank signals further crackdown on mortgage lending
Nine To Noon
English - August 02, 2021 22:06 - 10 minutes - 9.49 MB - ★★★★★ - 8 ratingsNews Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The government and Reserve Bank have agreed on new moves to tighten mortgage lending, including tougher loan to value ratios, debt to income ratios, to cool the housing market. The central bank says it will begin consultation with retail banks later this month and changes may be in place in October. Lynn speaks with RNZ Business Editor, Gyles Beckford.