Archive for April, 2017
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Banks to Slam Brakes on Interest-only Loans
Borrowers looking to buy a house with an interest-only loan will find it much harder under new rules brought in to curb “heightened risk” in the housing market. The Australian Prudential […]
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Rates Will Rise on Interest-only Loans Thanks to New Regulatory Restrictions
The financial regulator, the Australian Prudential Regulation Authority (APRA), is caught between a rock and a hard place in its attempts to reduce lending risk in the residential property market. It needs […]