Young adults and newly married couples will be eligible to apply for 40-year home mortgage loans under a government-sponsored programme.
June 24, 2021The IMF recommends enhancing monitoring of lending to Mainland China, increasing oversight over banking groups, and regulating mortgage lending by non-banks.
June 10, 2021Non-bank institutions such as finance companies and property developers have managed to circumvent the HKMA’s mortgage lending limits.
June 2, 2021The RBNZ may further tighten mortgage lending to guard against financial stability risks through adjustments to LVR restrictions.
May 6, 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, 2020Banks will be subject to a monthly inspection to assess their unsecured lending practices; the government will reduce the maximum legal lending rate from 24% to 20%.
November 17, 2020APRA 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, 2020The 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