Tougher lending rules on housing market

Feb 9, 2021 | Property

9.2.21 Loan-to-value ratio (LVR) restrictions have been toughened to reduce the risks to financial stability caused by what the Reserve Bank deemed to be high-risk mortgage lending. The LVR restrictions do not apply to new residential construction but will affect demand for existing property and aim to clamp down on property investor activity. LVR restrictions […]

 


 

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