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Reserve Bank Activates Debt-to-Income Restrictions

The Reserve Bank of New Zealand - Te Pūtea Matua has confirmed the activation of Debt-to-Income (DTI) restrictions and loosening of Loan-to-Value Ratio (LVR) restrictions at the settings that we consulted on earlier this year.

RBNZ pulls trigger on new bank lending limits

From July, borrowers will not be able to get loans bigger than six times their income.

Business.Scoop » Reserve Bank Activates Debt-to-Income Restrictions

Business Scoop provides news and views on Business and Markets from New Zealand

Reserve Bank imposes borrowing limits for home loans: What they mean for a new mortgage

New Reserve Bank rules mean households can only borrow a maximum of 6 times their income.

RBNZ to Activate Debt-to-Income Tool for Mortgages to Reduce High-Risk Lending