Acting Reserve Bank Governor says the central bank is currently reviewing the LVR restrictions

 
Acting Reserve Bank Governor says the central bank is currently reviewing the LVR restrictions9 Nov 2017

The Reserve Bank's dropping fairly firm hints that it might be about to start removing the restrictions on high loan to value lending (LVRs), with a decision possibly set to be announced late this month.

The LVR restrictions, one of the RBNZ's 'macro-prudential' tools, fall under the gamut of the bank's financial stability role.

The bank is due to give its next Financial Stability Report on November 29.

Link: https://www.interest.co.nz/property/90809/acting-reserve-bank-governor-says-central-bank-currently-reviewing-lvr-restrictions