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Latest News

Latest News

Investors spooked while home loans arrears drop

Home loan demand from investors has dropped by 9 per cent, the largest monthly percentage decline since 2015, new data has revealed. According to new Housing Finance data from the Australian Bureau of Statics (ABS), investor loan demand dropped by $1.07 billion (9 per cent) when seasonally adjusted between February and March 2018, the largest monthly percentage drop since September 2015. According to RateCity money editor Sally Tindall, investors have been deterred by the slowdown in the housing market.

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Special of the Month - NAB

NAB is offering a promotional discount on its Base Variable Rate product for new owner occupier borrowers making principal & interest repayments. The Base Variable Rate Offer is available for new lending only and for a limited time.

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