Apra Articles


Why possible rate cuts could be harmful to borrowers
Why possible rate cuts could be harmful to borrowers

Duncan Hughes of the Australian Financial Review wrote on Tuesday that major lenders may well follow in the footsteps of the Commonwealth Bank, cutting interest-only mortgage rates in a bid to reclaim market share.

This is on the back of APRA’s decision to cap investor lending at 10%, which impacted the big banks more than they expected... Continued

March 09, 2018 by Sarah Robinson



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