APRA ‘game-changer’ to boost prices
Linda Phillips reveals the number one game changer that she thinks will have the most significant impact on your property portfolio, and what’s the best- and worst-case scenario. Two decades of prosperity and uninterrupted growth are coming to an end in 2015. It’s a game changer, and for property investors it has never been harder to forecast the future and decide on the right strategy.
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Oil and metal prices fell on concerns about global demand, but the iron ore price continued to rise.. President Trump has indicated that his appetite for risk is very high and that he believes that he will get a political boost from taking a tough stance with China and Iran.. APRA moving to relax the 7% mortgage rate serviceability test.
APRA ‘game-changer’ to boost prices Positive news for borrowers is on the horizon as APRA look to relax measures they put in place In 2014 to slow the east coast property markets. afr.com APRA’s plan to ease mortgage serviceability rules would give buyers an extra $50,000 to spend and might bring forward the end of the downturn in Sydney.
“We consider that the increase in the purchase plan limit will help mum and dad’ investors participate in discounted fundraisings, and further supports the efficient functioning of capital markets,”.
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APRA ‘game-changer’ to boost prices APRA’s plan to ease mortgage serviceability rules would give buyers an extra $50,000 to spend and might bring forward the end of the downturn in Sydney, melbourne property markets.
However, apra chairman wayne byres said with interest rates at record. Market experts say the change could increase peoples borrowing.
APRA ‘game-changer’ to boost prices APRA has suggested banks change the way they assess customers’ ability to meet their mortgage repayments in a move analysts say will increase the amount people can borrow, and.
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