First-home buyers will need longer to save deposit under proposed loan-to-value restrictions – CoreLogic – Newshub
Under current loan-to-value ratio (LVR) restrictions, up to 20 percent of new bank lending to owner-occupiers can be at over 80 percent LVR (deposits less than 20 percent). From October 1, the Reserve Bank is proposing to reduce the LVR limit to 10 percent…
