The loan-to-value (LTV) limit on mortgages in the Netherlands should gradually be cut to 90%, the country's financial stability committee recommended today (May 28), despite the IMF advising it go even lower.
According to the committee, comprised of regulators and government officials, including representatives from the Netherlands Bank, a reduction is needed on account of "exceptionally high LTV ratios and mortgage indebtedness" in the country.
The LTV limit is currently 103%. It is being lower
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