Press Release – Finder News highlights: Majority of experts say 40% deposit rule is adequate for investors Property prices expected to jump by 11% in Wellington, 10% in Auckland in 2021 All experts and economists surveyed expect the OCR to hold at 0.25% in February Experts …
News highlights:
Property prices expected to jump by 11% in Wellington, 10% in Auckland in 2021
All experts and economists surveyed expect the OCR to hold at 0.25% in February
Experts and economists are in favour of stricter loan-to-value ratio (LVR) requirements for property investors, with the Reserve Bank set to crack down on investor lending from 1 May.
In this month’s Finder RBNZ Official Cash Rate Survey, 13 experts and economists weighed in on future official cash rate (OCR) moves and other issues relating to the state of New Zealand’s economy.
Property prices expected to jump by 11% in Wellington, 10% in Auckland in 2021
All experts and economists surveyed expect the OCR to hold at 0.25% in February
Experts and economists are in favour of stricter loan-to-value ratio (LVR) requirements for property investors, with the Reserve Bank set to crack down on investor lending from 1 May.
In this month’s Finder RBNZ Official Cash Rate Survey, 13 experts and economists weighed in on future official cash rate (OCR) moves and other issues relating to the state of New Zealand’s economy.
The majority of experts (69%, 9) agree with the Reserve Bank’s ruling that at least 95% of new bank lending to residential property investors will need to go to borrowers with deposits of 40% or more (up from the 30% requirement that will be reintroduced in March).