CBA on Wednesday announced it would allow thousands of homeowners to refinance their loans at a 1 per cent serviceability buffer rather than the industry standard of 3 per cent. This comes as many ...
CBA’s residential mortgage portfolio of almost $450bn is generally of high quality with extremely low levels of default. Regulators, however, have become increasingly concerned about higher-risk ...
Gift 5 articles to anyone you choose each month when you subscribe. A record $5 billion worth of mortgages sold in the December quarter of 2017 fell outside APRA's minimum loan serviceability buffers, ...
Commonwealth Bank is cutting its 3 per cent refinance serviceability requirement for some borrowers as interest rates continue to climb. CBA on Wednesday announced it would allow thousands of ...
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