Day: August 6, 2015

Lending & Finance

Investment Loans – interest increase for investors

Over the past week there have been some bold moves by the major 4 and second tier banks to curtail their investment loan book growth to 10% p.a.. This is in line with APRAs guidelines and recommendations issued back in December 2014 (refer attached) and in addition to the regulator increasing capital adequacy requirements for residential mortgage exposures.  After some mild reaction in recent months, there has been some drastic changes over the past week including;-  ….

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