Archive: 26/10/2018

LVR Restrictions

Are LVR restrictions likely to be relaxed further this year?

Posted 8 months ago by Admin

Borrowing more than you can chew is never a good idea. According to the Reserve Bank, restrictions on low-deposit (high-LVR) residential mortgage lending act as a ‘speed limit’ on how much low-deposit lending banks can do. These were relaxed slightly earlier this year. Is it likely they will be relaxed further?

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