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The Money Puzzle

Looking to borrow for property? Listen up

22 Aug 2023

Description

As the residential property sector stabilizes, the banks have been playing some games in the lending market - if you are borrowing for a home or an investment you need to know what's going on. In today's episode, we cover: why interest-only borrowers are being punished, how can banks offer more than the RBA for deposits, why home loan borrowers are fixing again and the bias against retirees in the lending system.  Steve Mickenbecker, chief commentator at Canstar, joins Wealth Editor James Kirby in this episode See omnystudio.com/listener for privacy information.

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