All posts tagged "Mortgage lending"
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504Australia & NZAPRA: Banks May Amend Loan Terms Without Full Serviceability Test
APRA says banks may allow borrowers to change their loan conditions without conducting a normal serviceability assessment, but that such an arrangement should not exceed 12 months.
May 8, 2020 -
472Australia & NZRBNZ Proposes Removal of Mortgage Lending Restrictions
The RBNZ intends to remove existing LVR restrictions for a period of one year, to help banks to keep lending to support customers, including with mortgage deferrals.
April 22, 2020 -
367KoreaS. Korea Tightens Mortgage Lending in More Areas to Curb Speculation
New 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, 2020 -
444Asia-PacificBank of Thailand Relaxes Mortgage Lending Rules
For homes worth more than THB 10 million, first home buyers have to pay a minimum down payment of 10%, compared to 20% earlier.
January 22, 2020 -
433Capital RegulationS. Korea Bans Mortgage Lending on High-Priced Homes
To 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 -
566Australia & NZ
RBNZ to Adopt More Intensive Supervisory Approach to Banking
The RBNZ's financial stability report says it will bolster bank resilience with higher capital requirements and a “more intensive supervisory approach“.
November 28, 2019 -
330Capital RegulationQuota Depletion Forces Mortgage Lending Halts in Shenzhen
China Construction Bank, Bank of China and Ping An Bank have reportedly halted mortgage lending in Shenzhen, having depleted their 2019 quotas.
November 27, 2019 -
462Capital RegulationPBOC Sets Mortgage Rate Floor to Curb Risk
The rate on mortgages for first-time home buyers must be at least the loan prime rate; for second-time home buyers it must be at least LPR plus 60bp.
August 28, 2019 -
414Australia & NZ
RBNZ Publishes New Data Series for Measuring Mortgage Risk
The release of the new debt-to-income data comes as the government considers including it as an additional tool in the RBNZ’s macro-prudential toolkit.
August 14, 2019 -
609Australia & NZ
APRA Relaxes Serviceability Assessment Standards for Mortgage Loans
Under APRA's new serviceability guidance, borrowers on a typical 4% mortgage rate can expect to be assessed at 6.25% rather than 7.25%, enabling them to immediately secure larger loans.
July 8, 2019
