NZ Politics

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Investors may see biggest impact of Reserve Bank's lending limits ( www.rnz.co.nz )

The Reserve Bank says that from 1 July, banks will only be able to lend about 20 percent of their new lending to owner-occupier borrowers with a debt-to-income ratio of more than six. That means, if your household earns a combined $100,000, your loan will be limited to $600,000....

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