Browse all categories | Subscribe My Account | Logout
Browse all categories
< Back

Bank compliance may see investor loans increase, says CoreLogic

Finance Markets / Market Trends


Mar 06 2018

Add to Favorites

Share this Article:

APRA crackdowns saw mortgage lending dramatically slow, but compliance with the limits may result in an increase in investor lending, says property researcher, CoreLogic. 

In 2014, banks were forced to limit growth in investor loans to 10 percent a year, with further measures introduced last year limiting interest-only lending to 30 percent of new loans, however CoreLogic found the earlier restrictions had a greater impact. 

At the end of January, the total value of outstanding housing credit was a record $1.731 trillion. Credit level to investors accounted for 34 percent, down from 38.7 percent in 2015. 




You may also like...

Load More


Login into your MP Report account

Forgot my password

Sign up to the MP Report

Creating an account with MP Report allows you to save articles and update your preferences to filter the content based on your interests and what content you would like to receive from us via our email alerts and newsletter.