English Calculating the Impact of the Relaxation of Mortgage Rules

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Calculating the Impact of the Relaxation of Mortgage Rules

The central bank lowered the ratio of loans to value (LTV) or financing to value (FTV) for property and motorcycles.

Oleh Paul Sutaryono
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On Sept. 19, in addition to lowering the benchmark interest rate by 25 basis points or 0.25 percent to 5.25 percent, Bank Indonesia (BI) also relaxed its rules on housing loans or mortgage loans. The central bank lowered the ratio of loans to value (LTV) or financing to value (FTV) for property and [...]