DTIs dead in the water; Co-op Bank lowers rates
Wednesday, August 16th 2017, 10:40AM
Prime Minister Bill English has ruled out allowing the Reserve Bank to bring in debt-to-income ratios. It had suggested limiting loans to no more than five times borrowers’ incomes. [Read On]
Meanwhile, The Co-operative Bank lowers its three-year fixed rates. The changes pretty much bring them into line with its competitors. [See here]
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