Mortgage lending: Loan limits cool the property market but help the big banks
Share Home lending restrictions successfully cooled the property market, but helped the big banks win mortgage customers at the expense of smaller competitors between 2014 and 2018, according to new research by the Reserve Bank of Australia. The research endorsing past limits on investor and interest-only loans will give regulators new evidence to consider after the RBA and Australian Prudential Regulation Authority signalled they could reimpose restrictions on riskier home lending if the property market keeps surging. The previous home lending restrictions ended in 2018, after Sydney and Mel...
Source: afr.com