1 / 9

Aussie mortgage brokers - Your Corner

We are one of Australia’s fastest growing financial services companies and we have helped thousands of Australians plan for a stronger financial future. Visit us http://yourcorner.com.au/.

Download Presentation

Aussie mortgage brokers - Your Corner

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Why has your mortgage interest rates just been increased? All of the major banks have now increased their standard variable home loan rates. This comes on top of a recent increase to all savings loans held by each of the banks. Visit Us :- http://yourcorner.com.au/

  2. Why has your mortgage interest rates just been increased? The most recent increase is a direct result of APRA (Australian Prudential Regulatory Authority) changes which requires banks to hold more deposits, as a percentage of its lending, and hence the cost of funds. Visit Us :- http://yourcorner.com.au/

  3. Why has your mortgage interest rates just been increased? These changes have been initiated to strengthen the banking sector, to “weather proof” the domestic economy from future adverse effects as a result of global economic downturn. Visit Us :- http://yourcorner.com.au/

  4. Why has your mortgage interest rates just been increased? Remember, that even though the Australian economy and Stock Market was hit hard during and after the 2008 Global Financial Crises, it was our strong banking sector that shielded us from much of the pain the rest of the world endured. Visit Us :- http://yourcorner.com.au/

  5. Why has your mortgage interest rates just been increased? The increase to all investment loans was also in relation to APRA changes. APRA have instructed all Australian banks that they are not permitted to increase their Investment Mortgages Portfolio by more than 10% in this 12 month period. Visit Us :- http://yourcorner.com.au/

  6. Why has your mortgage interest rates just been increased? This was initiated to cool the property markets in big market places such as Sydney and Melbourne, as APRA saw that it was the investor market that were pushing up property prices in these areas. Visit Us :- http://yourcorner.com.au/

  7. Why has your mortgage interest rates just been increased? Many banks were on target to increase their portfolios by more 30%. So in response the banks have increased their investment loan mortgage rates and “toughened” their credit policies on investment loan applications to stem the flow of investment loans to their clients. Visit Us :- http://yourcorner.com.au/

  8. Why has your mortgage interest rates just been increased? For those of you that have seen your mortgage interest rate increased by your banks (who are regulated by APRA) can contact us at Your Corner, as we have many lenders who is regulated by ASIC rather than APRA Visit Us :- http://yourcorner.com.au/

  9. Why has your mortgage interest rates just been increased? which means they have not had to increase their mortgage rates. Some clients have already been set up to save over $200 000 on future interest repayments on their loans. Contact a Your Corner Debt Specialist Today on 1300 688 988 or Click here. Visit Us :- http://yourcorner.com.au/

More Related