The latest in the Home loan space

Above 80% LVR Lending

It is widely known that in October 2013 the Reserve Bank Governor (Graeme Wheeler) introduced restrictions on Banks mortgage lending over 80% of the LVR (loan to valuation ratio).

Graeme’s motivation was to cool the housing market due to house price inflationary stimuli and recent commentary suggests the strategy has largely worked. However it has come at a cost to first home buyers but benefitted the property investor (probably not what the Governor wanted).


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