New Zealand's central bank to ease home lending rules
Yahoo Finance·2025-10-14 07:46
By Lucy Craymer and Renju Jose WELLINGTON (Reuters) -New Zealand's central bank on Tuesday said it planned to ease mortgage loan-to-value ratio (LVR) restrictions from December 1 as house prices are now with sustainable estimates after a sustained fall. "Easier LVR settings will give banks more flexibility to lend, improving market efficiency and access to credit, particularly for first home buyers," the Reserve Bank of New Zealand Acting Assistant Governor Angus McGregor said in a statement. From Decem ...