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Author John Kenel26 April 202204 Apr 2022

Economy

Bank lending getting a little easier

For the first time since June last year there are more mortgage advisers reporting that banks have eased their lending criteria than those reporting a tightening.

This likely reflects the passage of time away from introduction of tougher LVR and CCCFA rules and banks coming to grips on how to more reasonably apply such rules.

Source: Tony Alexander’s Mortgage Adviser Survey

#assuredproperty #housing #rentals #propertyinvestment

 

Author John Kenel26 April 202204 Apr 2022
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