All posts tagged "lending standards"
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390Australia & NZAPRA Relaxes Serviceability Assessment Standards for Mortgage Loans
Under APRA's new serviceability guidance, borrowers on a typical 4% mortgage rate can expect to be assessed at 6.25% rather than 7.25%, enabling them to immediately secure larger loans.
July 8, 2019 -
430Australia & NZ
APRA Maintains Zero CCyB in Favour of Targeting Lending Standards
APRA has maintained the countercyclical capital buffer rate at zero percent, focusing instead on targeted measures to improve eroded bank lending standards.
January 30, 2019 -
410Australia & NZ
APRA Removes Cap on Interest-Only Lending
Caps on investor and interest-only lending have served their purpose of moderating higher risk lending and improving lending standards, according to APRA chairman Wayne Byres.
December 20, 2018
