976517725
TMM - News

Are banks changing their tune on high LVR first home buyers?

Thursday 29th of October 2020

First home buyers remain a steady presence in the market, borrowing $1.3 billion last month, broadly in line with the three months prior.

A lack of loan-to-value ratio restrictions, and record-low interest rates, are enticing more buyers into the market. 

FHBs are borrowing more on high LVR terms, receiving $582 million above 80% LVR last month, according to Reserve Bank da...

Want to read the full article?

Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.

You will also be able to comment on articles on Good Returns.