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CBA: Govt to blame for pulling zero deposit loans

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Australian Broker | 18 Nov 2008, 12:10 AM Agree 0
The Commonwealth Bank has blamed the government's First Home Owners Grant (FHOG) boost for its decision to withdraw its zero deposit product.
  • Karen | 19 Nov 2008, 04:46 PM Agree 0
    Wont help first home buyers much.... we all know that the LMI premium will just be sucked up by the FHOGs anyway, leaving FHB still needing to find the balance of the purchasing costs. Anyway, the FHOGs Boost is at this stage only available for a limited time.
    CBA no longer offers the premium product in this space.
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