Month: July 2019

APRA’s decision to remove the 7 per cent floor on home loan serviceability assessments will help take the brakes off Australia’s home loan credit crunch. Previously, APRA made banks check whether home loan applicants could pay their mortgage at a rate of at least 7 per cent. Most banks applied a minimum rate of 7.25 […]

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That’s a question people are asking now that our real estate markets seem to be bottoming out. It wasn’t that long ago that the media was predicting housing market Armageddon, but the property pessimists have been proven wrong and as green shoots are appearing it looks like we’re reaching the bottom of the property cycle. […]

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