The fixed-rate cliff arrives
The bulk of super-low fixed-rate loans will be expiring over the next few weeks onto much higher revert rates, but APRA has again reaffirmed that its 3 per cent buffer remains appropriate.
Source: theadviser.com.au
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Lenders begin tweaking serviceability buffers
Several lenders have begun lowering their serviceability assessments for certain borrowers in a bid to help more customers refinance.
Source: theadviser.com.au
Westpac's new move to help borrowers escape from mortgage prison
The bank slashes stress test for select borrowers
Source: brokernews.com.au