Hiya
I feel that in the next few weeks there will be some lenders that will reduce their max lvr to 85 %.
Not so much because of risk mitigation per se, but a way to get their service levels back to a reasonable level, while reducing the inulx of FHOG buyers even further. The % of the new business with many lenders is still to highly weighted to FHOG buyers.
ta
rolf
I feel that in the next few weeks there will be some lenders that will reduce their max lvr to 85 %.
Not so much because of risk mitigation per se, but a way to get their service levels back to a reasonable level, while reducing the inulx of FHOG buyers even further. The % of the new business with many lenders is still to highly weighted to FHOG buyers.
ta
rolf