Post Tagged with: "interest rates"
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Is Finance Harder to Obtain Now?
This year, we have seen banks dramatically change their criteria for lending. The Australian Prudential Regulation Authority (APRA) has advised all lenders to tighten their criteria surrounding Interest-Only Loans on […]
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‘Housing Powder Keg’ to Delay Sharp RBA Rate Hikes : Deloitte
The Reserve Bank will keep official interest rates unchanged until next year, and then only increase borrowing costs slowly, because record mortgage debt has created a “housing powder keg,” Deloitte Access […]
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Major hikes IO rates by 30 basis points
The Commonwealth Bank of Australia (CBA) has announced it will be reducing its owner-occupier standard variable rate for those repaying principal and interest. From 7 July, customers paying off their […]
