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Banking regulator announces tougher serviceability tests for home loans

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Banking regulator announces tougher serviceability tests for home loans

A
ABC NEWS (Australia)

5 Views • Oct 05, 2021

Description

The banking regulator has announced tougher serviceability tests for home loans, which will make it harder for some borrowers to get a mortgage. There are concerns that the hot real estate market could threaten the stability of the financial system.

Keywords & Tags

#Real estate #property market #Sydney #boom #house prices #correction #banks #lending

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