Buyers get fresh leg-up from APRA

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Buyers get fresh leg-up from APRA Australia’s first home buyers have been given a boost after the regulator signalled the end of a hurdle that had all borrowers assessed against their ability to.

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With yields now having retraced to 3.15 percent, investors are looking for fresh impetus for dollar buying. “Until we get another leg up in U.S. yields, the dollar’s going to be sort of in limbo,”.

APRA announces fresh mortgage guidance. The regulator has revealed that it will remove its 10 per cent benchmark on investor loan growth, which it says was always a temporary measure. The curb was introduced in 2014 as part of a range of actions to reduce higher-risk lending and improve practices. "In recent years,

Buyers get fresh leg-up from APRA Australia’s first home buyers have been given a boost after the regulator signalled the end of a hurdle that had all borrowers assessed against their ability to repay a loan at 7.25 per cent.

Residential buildings stand along the coastline near Bondi Beach in Sydney, Australia, on Wednesday, May 15, 2019. Australia’s economy has been weighed down by a retrenchment in household spending as property prices slump and slash personal wealth.

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12.52pm: ASX gains as banks cheer APRA easing The local market is striding to fresh 12-year highs in lunch trade. to.

Buyers get fresh leg-up from APRA Australia’s first home buyers have been given a boost after the regulator signalled the end of a hurdle that had all borrowers assessed against their ability to repay a loan at 7.25 per cent.

That would give a buyer an average interest rate of 4.5% over 8 years. in a worst case scenario. That is significantly better than the 5.25% FIXED RATE loan they would get today. On a $300,000 mortgage, the buyer will save more than $267 every month for the first 5 years (or about $16,000 in total).

Even so, the wide-reaching economic implications of its political challenges and a potential cooling off in China shouldn’t get in the way of a sensible. again before another long-term sustained.