Interest-only home loans fall for the first time since 2009 - The Australian Financial Review

The Australian Financial Review

Interest-only home loans fall for the first time since 2009
The Australian Financial Review
Only 1,685 new interest-only loans were made by banks in the March quarter, according to Australian Prudential Regulation Authority data, down slightly from 1,692 previously. APRA considers interest-only loans to be specially risky. In a key indicator ...
Four charts that show Australia's mortgage riskBusiness Insider Australia
Rate tracker mortgage wins innovation awardThe Adviser

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Fears over home loans scrutiny - The Australian

The Australian

Fears over home loans scrutiny
The Australian
The prudential regulator has rapped the banking sector for lacking adequate technology to monitor home loans, as it caved in to demands from lenders that it delay new rules requiring banks to hand over more detailed information about the financial ...


NAB sets bar higher for interest-only home loans - Herald Sun

Herald Sun

NAB sets bar higher for interest-only home loans
Herald Sun
Owner occupiers could previously receive loans for up to 90 per cent of the property value, while the ratio was 95 per cent for investors. The changes are the latest by a major bank after the industry regulator, the Australian Prudential Regulation ...

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AMP lifts rates for homebuyers paying interest-only loans - NEWS.com.au

NEWS.com.au

AMP lifts rates for homebuyers paying interest-only loans
NEWS.com.au
Home Loan Experts' managing director Otto Dargan said this is not the end of more lenders raising the costs of interest-only loans. “Most banks will be making similar changes in the coming months because APRAs limit on interest only loans is well below ...

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Australia's overall mortgage dues might be decreasing but 90-day home loan defaults are getting wider - Business Insider Australia

Business Insider Australia

Australia's overall mortgage dues might be decreasing but 90-day home loan defaults are getting wider
Business Insider Australia
A day after cutting the credit ratings of almost all Australian mortgage lenders except the major banks on looming housing risks, S&P Global Ratings said mortgages in default for over 90 days widened. Mortgages more than 90 days in arrears, which have ...
S&P lowers ratings for AMP, BOQ, Bendigo Bank, others, citing housing risksThe Australian Financial Review
S&P downgrades banks' credit rating on property crash risk but big four escapeABC Online

all 34 news articles »

House prices fall again as investment loans drop to lowest level in 10 months - The Sydney Morning Herald

The Sydney Morning Herald

House prices fall again as investment loans drop to lowest level in 10 months
The Sydney Morning Herald
Home loans to investors have fallen to the lowest level in 10 months following a regulatory clampdown and the Turnbull government's efforts to cool the Sydney and Melbourne housing market. Figures released by the Australian Bureau of Statistics on ...
Australia Home Loans Decline in March for Second Straight MonthEconomic Calendar

all 17 news articles »

Deals: Australia's Biggest Home Loan Sale Ends Tonight - Lifehacker Australia

Lifehacker Australia

Deals: Australia's Biggest Home Loan Sale Ends Tonight
Lifehacker Australia
When done right, switching home loans can produce significant financial benefits — but you need to properly understand the consequences of moving to another mortgage. So, as we head into the final hours of the big Switch & Save home loan sale, here's ...


ANZ home loan rate: interest-only loans for owner occupiers ... - NEWS.com.au

NEWS.com.au

ANZ home loan rate: interest-only loans for owner occupiers ...
NEWS.com.au
ONE of the nation's largest lenders ANZ is clamping down further on interest-only loans and making it tougher for both owner occupiers and investors.
ANZ tightens squeeze on interest-only borrowers | afr.comThe Australian Financial Review

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Genworth Mortgage Insurance warns of risky home loan deposits - The Australian

The Australian

Genworth Mortgage Insurance warns of risky home loan deposits
The Australian
The Australian Financial Security Authority said personal insolvencies increased by 11 per cent in the March quarter compared to a year earlier, while a survey from Fitch Ratings showed nearly 90 per cent of bond investors believe Australia's housing ...


Interest-only loans could be 'Australia's sub-prime' - The Australian Financial Review

The Australian Financial Review

Interest-only loans could be 'Australia's sub-prime'
The Australian Financial Review
It also follows a review by Australian Prudential Regulation Authority chairman Wayne Byres of bank capital requirements for housing exposures, given the "notable concentration in housing", announced at The Australian Financial Review Banking and ...


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