Investor borrowing moderating, even before latest tightening measures
Housing lending to property investors softened in March, says Malcolm Gunning, president of the REIA, even before regulators and banks tightened lending to investors and before budget initiatives aimed at property investment were announced.
National Australia Bank is the first of the big four banks to raise owner-occupier home-loan rates, lifting the rate by 7 basis points to 5.32 per cent.
