Just received advice that effective Monday, 17th November 2008 ANZ’s maximum Loan to Value Ratio (LVR) will change from 95% to 90%.
"ANZ believes reducing the maximum LVR from 95% to 90% is a prudent and measured response to the emerging economic environment and is both in the bank's interest and our customer's interest."
Sorry to say this but they will not be the last and others will no doubt now follow.
"ANZ believes reducing the maximum LVR from 95% to 90% is a prudent and measured response to the emerging economic environment and is both in the bank's interest and our customer's interest."
Sorry to say this but they will not be the last and others will no doubt now follow.
