Business

LVRs relaxation unlikely to stoke housing risks: Fitch

International ratings agency Fitch Ratings says the Reserve Bank’s further loosening of loan-to-valuation restrictions on banks’ mortgage lending is unlikely to have a significant impact on the housing market.

Fitch says the LVRs imposed from 2013 have helped cool the housing market, halving annual house price inflation nationally to 5 percent and from an average of 15 percent in Auckland between

TO READ THE FULL STORY ON NEWSROOM PRO

SUBSCRIBE TO PRO

Subscribe now to start a free trial of Newsroom Pro for 28 days.

View our subscription options

Comments

Newsroom does not allow comments directly on this website. We invite all readers who wish to discuss a story or leave a comment to visit us on Twitter or Facebook. We also welcome your news tips and feedback via email: contact@newsroom.co.nz. Thank you.

PARTNERS