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Financial stability strengthened by firmer LVR restrictions

Summary:
[unable to retrieve full-text content]The Reserve Bank of New Zealand - Te Pūtea Matua is putting in place more stringent loan-to-value ratio (LVR) restrictions to reduce the risks to financial stability caused by high-risk mortgage lending. The LVR restrictions do not apply to new residential construction.

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The Reserve Bank of New Zealand - Te Pūtea Matua is putting in place more stringent loan-to-value ratio (LVR) restrictions to reduce the risks to financial stability caused by high-risk mortgage lending. The LVR restrictions do not apply to new residential construction.
Reserve Bank of New Zealand News Releases
The Reserve Bank of New Zealand is New Zealand’s central bank. We promote a sound and dynamic monetary and financial system.

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