investment lending

Investor lending drops $2.1 billion since July
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Another sharp drop in investor housing commitments shows a considerable slowing in the investor housing market, according to leading financial comparison website Ratecity.com.au. The October ABS housing finance data released today shows the value of investment housing commitments fell by $856 million or 3.1 per cent from the previous month. Seasonally adjusted estimates record this…

Has the growth in investor housing credit finally peaked?
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Following ongoing increases in the annual rate of growth since March 2013, investor housing credit has fallen in July, does this mark the start of the much vaunted slowdown in investor credit growth? Since the Australian Prudential Regulation Authority (APRA) wrote to Australian authorised deposit-taking institutions last year spelling out sound mortgage lending guidelines, there…