Posts Tagged ‘Investment lending’
Investors pay more
On the 9th February this year the Commonwealth Bank of Australia (CBA) advised that they would no longer be accepting applications to refinance investment loans from other financial institutions. CBA is the biggest residential home and investment loan lender in the country. The announcement was always going to have consequences for most other lenders in…
Read MoreChanges to the lending policy could mean better home loan rates
Over the past month there has been significant changes made to investment lending policy as lenders scramble to comply with the guidelines of APRA to get investment lending growth back to 10%. The biggest beneficiaries of these changes are home owners as lenders are not going all out for your business. Across the largest 15…
Read MoreTurbulence ahead for would be property investors
Well what a week it has been for investment lending! I am a little surprised that there is not more information in the media in relation to the changes being made, after all, property investing is a very hot topic of conversation at BBQs and dinner parties and most people who purchase investment properties are…
Read More