Housing affordability back to 'square-one' as cities reach new peaks
With the property markets in Sydney and Melbourne projected to reach new peaks by the end of 2020, it’s back to ‘square one’ for housing affordability, according to RiskWise Property Research.
APRA ready to lift 10% cap on growth in investor lending: Wayne Byres
APRA chairman, Wayne Byres, has said the regulator is ready to lift the 10 per cent cap on growth in investor lending, but the cap on interest-only loans will stay.
Banks are tightening their internal lending processes in an attempt to improve the quality of their loans and ensure borrowers can repay in changed circumstances.
