Non-bank lenders are looking to ease lending standards in a bid to compete with the majors in the current tough economic environment. After cracking down
The regulator has stepped in with new rules that make banks check if borrowers can afford repayments if the interest rate was 3 percentage points higher than the loan product rate, which is a rise from the 2.5 per cent previously.
The best way for a lot of mortgage borrowers to access the current super-low interest rates going around is refinance their loan and turn themselves into brand new borrowers.
The chief financial officer of non-major Heritage Bank says switching from interest-only to principal and interest loans could be a counterintuitive approach to helping housing
A new survey has found nine in ten Australian home loan borrowers are trying to pay down their debt quicker.
The International Monetary Fund says Australian banking regulators should come down even harder on risky property market lending.
We reqularly get questions about the pro’s and cons of borrowing for investment properties through different structures, so I thought I’d summarise the various ways you can structure your purchases and borrowings:
