Good news for owner-occupiers
Reserve Bank data shows owner-occupiers are playing a more important role in driving the $1.3 trillion mortgage market after a regulatory crackdown on lending to landlords. Banks and credit unions need owner occupier borrowers more than ever before and are prepared to offer good deals to get them.
Refinancers are particularly popular among lenders. If you are not happy with your home loan deal, shop around and compare deals today.