The Property Academy Podcast
Is The Credit Crunch Over? Are Banks Loosening the Purse Strings ⎜ Ep. 1420
01 Aug 2023
In this episode, we discuss whether the Credit Crunch is over? We analyze recent developments in the lending policies of banks, the rise in test rates, and their impact on potential borrowers. We also look at what real mortgage brokers and mortgage advisers are seeing in the market. This includes discussing what the CCCFA roll backs mean for borrowers. Main Topics Discussed: Credit crunch and banks' lending criteria Impact of servicing test interest rates on borrowing Changes in the CCCFA Bank attitudes to lending And we also mention our upcoming webinar about How to Succeed as a Property Investor With No Experience + Real Life Case Study. It's on Tuesday August 8th at 7pm, click the link to register.
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