Investors flock to QLD as vacancy rates stay ridiculously low
Showcasing the popularity of Queensland as an investor haven, new investor loan commitments in the state reached $1.86 b...
The war between Australia’s major lenders shows no signs of abating, with Westpac slashing interest rates across a number of its mortgages.
Westpac cut up to 0.20 per cent from the various products, taking its two year fixed rate to just 7.39 per cent from 7.54 per cent.
Just last week the lender announced plans to increase the maximum amount it is willing to lend customers, increasing its maximum loan to valuation ratio (LVR) to 95 per cent.