CBA on Wednesday announced it would allow thousands of homeowners to refinance their loans at a 1 per cent serviceability buffer rather than the industry standard of 3 per cent. This comes as many ...
A record $5 billion worth of mortgages sold in the December quarter of 2017 fell outside APRA's minimum loan serviceability buffers, as major lenders fight for market share and bigger profits in ...
CBA’s residential mortgage portfolio of almost $450bn is generally of high quality with extremely low levels of default. Regulators, however, have become increasingly concerned about higher-risk ...
Commonwealth Bank is cutting its 3 per cent refinance serviceability requirement for some borrowers as interest rates continue to climb. CBA on Wednesday announced it would allow thousands of ...
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