Archive for June, 2021
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Lenders to Raise Serviceability Levels for New Loans
The CBA is the first lender to raise the criteria for new home loans from 18th June 2021. In brief, they will increase the Assessment Floor Rate from 5.10% to […]
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Homeowners on alert as fixed-rate mortgages rise
Lenders are increasing their interest rates on 4 and 5-year fixed-rate mortgages as they prepare for the end of central-bank sponsored cheap funding designed to lubricate the economy in the […]