While the Reserve Bank has dropped interest rates, APRA (Australian Prudential Regulation Authority) is trying to cool Sydney’s housing market by scrutinizing banks’ lending policies for investment purposes. This has led to many lending policy changes by the major four banks...
What does this mean for Sydney's already over-inflated property market?
Two weeks ago, we met with a young couple who live and work in Sydney and want to buy their first home in Sydney. They've been married for a few years and plan to start a family in the next year or two. After months of going to a...
Applying for your first home loan can be a daunting task and I’m often amazed at the preconceptions people have about lending policy. So what do you need to know and what are the banks looking for?
LENDING POLICY FALLS INTO TWO MAIN AREAS - SECURITY AND SERVICEABILITY
(19)
(5)
(53)
(5)
(92)
(4)
(5)
(5)
(2)
(7)
(49)
(0)
(0)
