Franci Lacquet

Mortgage Lending Restrictions Relaxed by APRA

Will the home loan rule relaxation from APRA allow for bigger mortgages? Yes, people may be eligible for larger home loans as APRA allows lenders to change the way they assess a prospective home buyer’s ability to meet repayments. The Australian Prudential Regulation Authority (APRA) has decided to relax stringent lending restrictions on banks and …

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