The earliest date the RBNZ could implement DTI restrictions on residential mortgage lending is likely to be March 2024.
November 11, 2022The RBNZ will design a framework so that debt-to-income restrictions on mortgage lending are ready to be used by mid-2023, if needed.
April 29, 2022Banks need to prepare their systems for the future introduction of DSRs, and should be operationally ready to implement a regulated DTI limit by end-2022.
November 24, 2021The RBNZ will further restrict high-LVR lending, and also consider the use of DTI restrictions and interest rate floors.
August 3, 2021DTI limits will reduce the likelihood of mortgage defaults, the RBNZ said, expressing concerns that rising housing prices may present financial stability risks.
June 18, 2021