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Interest-just lenders are utilized by people to own a variety out-of explanations and you will previous statistics reveal that there’ve been an excellent strong change into such home loans for traders.
According to Australian Prudential Regulation Authority (APRA), the value of attention-just funds grew of the more 14 percent during the 2014 so you can Sep 29. And additionally, from the Sep one-fourth alone, how many domestic attention-merely loan approvals reached 42.5 per cent. (more…)
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