APRA's lending limits 'weak'

APRA's lending limits 'weak'

Tighter rules on home lending announced on Friday are “weak” and will do nothing to stop runaway price growth in Sydney and Melbourne, according
See Original Article

Toronto considering taxing vacant homes in bid to cool red-hot housing market

Toronto Mayor John Tory is asking city staff to investigate the impact of taxing homes that sit vacant as a way of making more homes available and
See Original Article

Banking regulator tightens lending clamps

THE banking regulator has imposed new limits on interest-only mortgage lending as it tries to reduce risk in the Sydney and Melbourne housing
See Original Article

Australia's prudential regulator tightens mortgage lending rules

Australian regulators are introducing a new suite of macroprudential rules to target risky lending by banks, as they seek to cool fast rising house prices
See Original Article

Kotak Mahindra Bank's zero-balance strategy is all about data science. Because smart is the new big

Uday Kotak's bold announcement on Wednesday to launch zero-balance services from Kotak Mahindra Bank's app to double its customer base in 18
See Original Article

Policy consistency could stabilize property market

The measures have been introduced against the backdrop of continually rising housing prices since October, even after many cities initiated a spate of
See Original Article

Agricultural Bank of China beats expectations on cost savings

Agricultural Bank of China saw its net profits rise by 1.8 per cent in 2016, beating analysts' expectations, the third state owned Chinese bank to do so
See Original Article

Bid to curb property investor loans

A MAJOR crackdown by the banking regulator will see stricter rules imposed on investor lending and tough limits on interest-only lending for
See Original Article

Invesco Mortgage Capital Inc (IVR) Insider David B. Lyle Buys 4600 Shares

Shares of Invesco Mortgage Capital Inc (NYSE:IVR) traded up 0.26% during … MSI Financial Services Inc increased its position in Invesco Mortgage
See Original Article

What will the APRA mortgage lending restrictions mean for borrowers?

These restrictions mean banks must restrain lending in “high risk” sections of their portfolio, such as investment loans, loans with high LVRs or
See Original Article

Northern Front Range is an epicenter of rising home unaffordability

“Denver is experiencing the growing pains of transitioning from a typical Midwestern, meat-and-potatoes housing market to a West Coast-style trophy
See Original Article

Final GDP estimate comes in higher for fourth quarter

The final estimate for real gross domestic product increased in the fourth quarter, according to the Bureau of Economic Analysis. GDP increased at an
See Original Article

APRA puts cap on interest-only mortgages

APRA said lenders must also place strict internal limits on the volume of interest-only lending at loan-to-value ratios (LVRs) above 80 per cent, and
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.