Mortgages

DTIs not needed right now - RBNZ

The Reserve Bank would not implement controversial debt-to-income ratios (DTIs) right now if it had them in its macro-prudential toolkit, the bank’s governor says.

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OCR hike expectations premature

Markets have got ahead of themselves in OCR hike expectations – and the Reserve Bank’s OCR announcement this morning makes that clear, the experts say. More...

What the RB governor said

Here is what Reserve Bank governor Graeme Wheeler had to say about interest rates today. More...

DTIs cost benefit analysis ordered

Another obstacle has been placed in the Reserve Bank’s path towards the introduction of debt-to-income ratios (DTIs).

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Quiet on the investor lending front

Investor lending activity is clearly more subdued reveals the latest mortgage lending data, which adds emphasis to the picture of a much slower housing market.

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No more lending restrictions needed

The slower housing market means the latest LVRs are working and no more restrictions are needed, according to one real estate head. More...

Surprise spike in mortgage lending

Evidence that the effect of the latest LVR restrictions might be diminishing comes in new data which reveals a big jump in mortgage lending – including to investors.

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Rising rates, quieter market

Higher mortgage rates will have a more sustained impact on the housing market than the LVR restrictions have, according to Westpac.

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DTIs not on the cards yet - RBNZ

The Reserve Bank might want debt-to-income ratios (DTIs) as part of its arsenal but it doesn’t intend to introduce them into the regulatory mix at this stage. More...

Lending times they are a’ changing

New Zealand’s lending environment has changed and investors need to approach it differently, ANZ’s head of mortgages has warned. More...

Navigating the new LVRs

Are you concerned about the impact of the Reserve Bank’s new investor-targeted LVR rules on your investment journey? You are not alone. More...

New LVR rules kick in

Banks have had to cancel some preapprovals for investors, which were issued before the recent change to loan-to-value restrictions. More...

OCR call sticks to the script

Keeping the OCR on hold was the move expected of the Reserve Bank today, but economists say it means there will be another cut in November. More...

New LVR rules clarified

Greater clarification of the details surrounding new lending requirements has come today with the Reserve Bank’s confirmation of its latest investor-targeted LVRs. More...

Finding solutions to 60% LVRs

The Reserve Bank’s new investor-targeted LVR rules come into effect on 1 October, but there are solutions to the restrictions for investors willing to think laterally. More...

More cuts on the horizon

Lack of surprise greeted the Reserve Bank’s OCR cut today and economists say further cuts have now been clearly signposted. More...

Bridging finance not an LVR issue

Warning that a lack of clarity around bridging finance under the new LVRs could impact on owner-occupiers is not relevant for investors, a leading mortgage adviser says. More...

Apartment size key to future lending

Smaller, cheaper apartments will be part of Auckland’s future, under the Unitary Plan, but experts say banks apartment lending criteria could be a problem. More...

Reserve Bank signals more OCR cuts

The Reserve Bank says more official cash rate cuts are likely as it fights to get inflation into its target range. More...

Warnings fly following RBNZ proposal

Frantic investor buying and increased squeeze on the rental market could be the end-result of further LVRs, investor advocates are warning. More...

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