NAB trims maximum loan level
National Australia Bank cut its maximum loan to valuation ratio on a home loan to 95%. ANZ cuts its maximum LVR to 90% in November 2008. Most banks have tightened criteria for approving low doc loans.
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- US home sales fall to 26 year low
- Opportunity for investors in Australian property
- Financial services get more expensive
- Long wait for Westpac loans
- UK brokers turn to cross-selling and diversification
- Unemployment to push mortgage stress upwards in 2009
- Australian property ‘severely unaffordable’
- More rental properties now lie vacant
- US housing market continues to crumble
- Borrowers take advantage of lower rates to reduce ...
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- Cost cutting minus job cuts
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- First home buyers are back
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- December 2008 mortgage sales up
- NAB trims maximum loan level
- Cash options in demand
- Australia’s AAA rating affirms sound finances and ...
- Industry commentators warn of property price drop ...
- Government urged to review FHOG boost before removing
- First Home Owners Grant hits the mark
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- Margin calls hit new record highs
- UK rates cut another 0.5%
- Mortgage stress overstated
- Keep more cash in your pocket
- Rate cuts and incentives fail to boost new home sales
- Beware of tax office emails
- Upbeat borrowers bode well for lending activity
- Australians prefer property to shares
- Brokers rank high with young home buyers
- Job vacancy decline eases in December 08
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