The move comes at a time when “PAYG and credit impaired customers are affected by the tightening criteria of traditional lenders”.
The measure was introduced in 2014 to help reduce higher risk lending and improve practices
Analysts have looked at recent documents on a review of Westpac's mortgage serviceability requirements
One property expert predicts a benefit for housing investors as banks slash rates
Demand for fixed rate home loans has continued to rise with these types of loan accounting for almost one in five loans written in December
A non-major bank has announced the appointment of a new chairman
A broker association has revealed ambitious growth plans for its student membership in 2016
Investor lending has tumbled by almost 10% for an ASX-listed mortgage group
A leading debtor and trade finance company has announced a major acquisition which will shake up the SME finance sector
National residential property listings may have dipped in December but that doesn’t mean the property market will remain competitive in 2016