Nov 15, 2021
The Australian Prudential Regulation Authority’s (APRA) mortgage crackdown catches out hopeful home buyers. What Happened? On Wednesday 6th October 2021, the Australian Prudential Regulation Authority (APRA) said that it was boosting the minimum interest rate on home loan applications from 2.5 to 3 percentage points, which banks are supposed to consider when evaluating the serviceability […]
On Wednesday 6th October 2021, the Australian Prudential Regulation Authority (APRA) said that it was boosting the minimum interest rate on home loan applications from 2.5 to 3 percentage points.....