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Above 80% LVR Lending

By Kris Pedersen on May 5th, 2014.

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It is widely known that in October 2013 the Reserve Bank Governor (Graeme Wheeler) introduced restrictions on Banks mortgage lending over 80% of the LVR (loan to valuation ratio). Graeme’s motivation was to cool the housing market due to house price inflationary stimuli and recent commentary suggests the strategy has largely worked. However.....

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