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Regulator scrutiny on mortgage lending to intensify, RBA warns

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Australian Broker | 10 Nov 2015, 07:30 AM Agree 0
There could be further scrutiny placed on investment lending, the Reserve Bank has warned, after banks hurried to reclassify billions of dollars worth of home loans
  • Maria Rigoni | 10 Nov 2015, 09:50 AM Agree 0
    Maybe the banks are sorting out their books because they can sting their customers by charging higher interest rates to investors. Remember back in the late 80's when interest rates on home loans were 17% and investor loans were 23%. Competition lowered the margin now the margin is spreading wider.
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