Interest-only loans were all the rage at the height of the 1990s McMansion craze. People who had no business getting residential mortgages were able to secure interest-only loans and the lower monthly payments they are known for. On the other ...
In the ever-evolving world of personal finance, individuals are constantly seeking ways to manage their money, save for the future, and secure their financial wellbeing. One of the best ways to achieve these goals is by partnering with a credit ...
The Australian Prudential Controlling Authority (APRA) has cautioned Authorised Deposit Taking Institutions (ADIs) including banks to slow their investor lending growth to under 10 % yearly. APRA has in addition advised this is frequently a benchmark, not only a cap. ...