Thursday 28 October 2021
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theepochtimes - 16 days ago

Australian First Home Buyers to Suffer as Lending Rules Tighten: Experts

First home buyers and low-income borrowers in Australia will have a more difficult time breaking into the housing market after the Australian Prudential Regulation Authority (APRA) decreased their potential borrowing capacity. The move by APRA to increase the minimum interest rate buffer on home loans from 2.5 percent to 3 percent from the end of October was designed [ ]


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