Central Bank's webinar on Mortgage Measures

Brendan Burgess

Founder
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I attended this on Tuesday and Wednesday and will post my comments later after I have studied my notes.

But here are some reports on it.




 

NoRegretsCoyote

Registered User
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It would be great to hear a run-down Brendan.

For me the big issue with the LTI limit is that it doesn't vary with interest rates. A mortgage of 3.5x your income is very different at the 1.95% that you can get today compared to the 3-ish% that prevailed in 2015 when the rules were introduced. What this means in practice is that rules are tightened as rates fall, and loosened as they rise.

Was this raised at all?
 
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