Reserve Bank of New Zealand to consult on loosening (macroprudential) policy ...Middle East

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Reserve Bank of New Zealand to consult on loosening (macroprudential) policy
Reserve Bank of New Zealand consultation on DTI and LVR settings, will close on March 12. In summary, Headlines via Reuters: Launched consultation on activating debt to income (DTI) restrictions and loosening loan to value ratios (LVRs) for residential lendingPropose to initially setting DTI policy to allow banks to lend 20% of residential loans to owner-occupiers with DTI greater than 6Proposing easing the lvr settings at the same time as activating DTIsPropose initially setting the DTI policy to allow banks to lend 20% of residential loans to investors with DTI greater than 7Propose easing LVRs to allow 20% of owner-occupier lending to borrowers with LVR greater than 80%Propose easing LVR

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