Property commentator discusses the implications of Resrve Bank low deposit crackdown

Author
Newstalk ZB,
Publish Date
Wed, 4 Aug 2021, 1:00PM
(Photo / File)
(Photo / File)

Property commentator discusses the implications of Resrve Bank low deposit crackdown

Author
Newstalk ZB,
Publish Date
Wed, 4 Aug 2021, 1:00PM

Kiwis are being urged to keep an eye on tightening mortgage rules.  

The Reserve Bank wants to halve the number of people borrowing more than 80 percent of the property's value - cutting the number to ten percent.

Rules restricting risky lending could be in place from October.

To discuss the implications, One Roof commentator Ashley Church joined Kerre McIvor.

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