Post Tagged with: "interest rates"
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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 […]
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Third Major Bank Announces Rate Changes
ANZ today has become the third major back to announce rate changes. ANZ announced an update on existing and new variable home loan and business loan interest rates. To find […]