Oz Blog News Commentary

Banks tighten screws on mortgage borrowers

June 30, 2020 - 00:08 -- Admin

This site has argued that banks tightening mortgage standards is one of the major headwinds facing the Australian housing market. Last month it was revealed that several lenders began tightening financial requirements on mortgages over concerns surrounding borrowers’ ability to repay amid massive job losses and falling household incomes. Yesterday, The AFR reported that financial

The post Banks tighten screws on mortgage borrowers appeared first on MacroBusiness.

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