The Commonwealth Bank of Australia (CBA) has announced a reduction in its maximum loan-to-value ratio (LVR) for investment loans from 95% to 90%.

The change became effective as of Monday (13 March) and is a result of the bank’s review and monitoring of its home loan portfolio to meet guidelines set out by Australian Prudential Regulation Authority (APRA).

To read the entire article by Miklos Bolza in Australian Broker, please click here.