Global New Zealand

New Zealand’s Central Bank Readies To Tighten Mortgage Lending Even Further

New Zealand’s central bank is considering tightening mortgage lending standards even further. In June the New Zealand Government gave the Reserve Bank the green light to tighten lending. This morning, they announced they’ll consider a series of new measures in October. The big changes they’ll consider are further limits to high loan-to-value ratio (LVR) borrowing, […]