You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

6 Jan 2018 (AFR) – Borrowing costs tumble for home buyers as investors squeezed by higher rates

(6 January 2018, AFR, p6, by Duncan Hughes)

Mortgage rates v interest-only loan demand (Canstar)

Mortgage rates v interest-only loan demand (Canstar)

‘Monthly repayments on a $1 million mortgage have fallen by about $430 for a homebuyer and increased by nearly $300 for an investor in the past three years as big four lenders revamp their lending strategies to maintain profits and appease regulators, analysis of lending rates reveals. The widening repayment gap follows the introduction of regulatory controls on lenders to improve prudential controls, reduce risky loans, strengthen balance sheets and keep a lid on prices.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

Advertisements

About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Advertisements
%d bloggers like this: