What is happening to landlord loans?
The market for residential property investor home loans has been growing strongly and has led to a surge in house prices, especially in Sydney and Melbourne.
In NSW, investors made up 62 per cent of loan approvals in June 2015. In Victoria the investor share was above 50 per cent.
Now things are cooling down a bit after the Australian Prudential Regulation Authority told banks to slow loan sales growth to 10 per cent a year. Banks and other lenders have jacked up rates for investors and introduced tighter credit policies.
Source: The Age