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UPDATE 1-RBNZ seeks tougher mortgage rules ahead of rate decision

UPDATE 1-RBNZ seeks tougher mortgage rules ahead of rate decision
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NZ cenbank seeking views on proposal to lower risky mortgage lending

NZ cenbank seeking views on proposal to lower risky mortgage lending
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A prediction that house prices won't rise much from here - 26-May-2021

Why Now Would Be A Good Time For The Reserve Bank Of New Zealand To Publish Stress Test Results For Individual Banks

Set against the backdrop of an economy healing from 2020’s annus horribilis, this week’s Financial Stability Report (FSR) from the Reserve Bank (RBNZ) was cautiously reassuring: the country’s financial system is sound, though vulnerabilities remain. Banks have managed to increase their capital buffers, allowing them to better withstand losses on loans and mortgages, which has protected the financial system from the pandemic’s economic fallout. With profits stabilising, the outlook for New Zealand’s banks is bound to improve further. On the other hand, the report expresses concern about increasing house prices and the strong growth of mortgage lending. Specifically, the RBNZ worries about

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