It doesn’t seem that long ago that borrowers held the upper hand.
Lenders were scrambling over each other to get their business.
Times for borrowers were good, with competition aplenty in the banking marketplace…
It almost seems that every day brings with it new lending policies, doesn’t it?
Interest rates are changed for investors and interest-only lenders, while loan to value ratios seems to be more fluid than a retreatin…
If you’re like me, your parents taught you not to take on debt.
You were probably taught something like this: get a good education, get a good job, get married, buy a home and pay it off.
And you were told not t…
APRA’s crackdown on risky lending practices have made a further impact on the market, according to the ABS housing finance data released today.
The ABS data shows there was a 1.4 per cent drop in investor lending i…
The lending landscape is changing rapidly.
In fact, it’s the most complex that I’ve seen in my many decades in the sector.
Banks seem to be shifting the goalposts constantly, which can mean increased rates for c…
It’s an unfortunate fact of life that many people are terrible with money.
Sometimes it’s not really our “fault” because we’ve just learned bad money lessons from our parents, which we’ve unhelpfully carried throug…
Interest-only lending in the headlines a lot lately, isn’t it?
As I’ve written and spoken about before that’s because of a clampdown on this type of lending by APRA.
This has meant that lenders are reducing thei…
Once you’ve identified a property that suits your purposes as either a home or an investment, the hardest part can be negotiating successfully to buy it.
The thing is negotiation is a skill that needs to be learned…
