Author: MAXISLoans
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APRA Proposal to Lower Buffer Boosts Home Loan Opportunities
The recent proposal by APRA to lower the serviceability buffer has the potential to significantly impact the borrowing power of prospective home buyers. This move, if implemented, could essentially provide buyers with a boost akin to a rate cut, making it easier for them to secure home loans and enter the property market. The current…
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Home Loan Rates Adjust: Lenders Fine-Tune Variable and Fixed Rates
Amidst the anticipation of the Reserve Bank’s impending rate decision, the Australian mortgage market is witnessing subtle yet significant shifts in home loan rates. Various lenders have recently made adjustments to both variable and fixed rates, affecting a wide range of loan products tailored for owner-occupiers and investors. In a move reflecting the evolving economic…
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ANZ Interest Rate Cut
The recent decision by the Australia and New Zealand Banking Group (ANZ) to cut interest rates has sent ripples through the financial sector and caught the attention of consumers and investors alike. With interest rates being a crucial factor in the economy, any changes made by major banks like ANZ can have far-reaching implications. In…