The new "customised countermeasures" are aimed at enabling actual buyers rather than speculators to obtain property loans from banks.
November 12, 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, 2022The LVR restrictions are aimed at mitigating economic and financial stability risks associated with a potential future housing market correction.
September 23, 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, 2021Taiwan central bank says the measures are aimed at curbing property hoarding and mitigating speculation by highly leveraged borrowers.
March 23, 2021The RBNZ will likely use prudential tools such as the LTV limits, bank stress testing, and capital requirements to deter certain types of mortgage lending.
March 3, 2021Deputy governor Geoff Bascand says the financial stability risks now exceed those foreseen at the time of the RBNZ’s consultation in December.
February 10, 2021The RBNZ intends to re-impose LVR restrictions on high-risk lending with effect from 1 March 2021 - two months earlier than originally anticipated.
November 29, 2020New areas on the outskirts of Seoul have been designated speculative areas where the loan-to-value ratio on mortgage loans is being lowered to curb housing market overheating.
March 2, 2020To protect against a looming housing bubble, Korea has banned mortgage loans on homes valued over 1.5 billion won in government-designated speculative areas.
December 19, 2019