RESIMAC restricts low equity lending

Friday, October 11th 2013, 7:47AM

Non-bank lender RESIMAC is restricting its low equity lending to brokers who meet specified requirements. See what they are here

Also the Reserve Bank expects house sales to drop bu 5% due to its LVR restrictions. More here

Westpac has introduced a 5.15% rate for one-year fixed loans where the deposit is more than 20%

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